Following recent rumors of Oracle aquisition and IPO, it was announced todat that Red Hat (Nasdaq: RHAT) has agreed to acquire JBoss Inc., an Atlanta–based provider of open-source middleware.
The deal is valued at around $350 million (40% cash, 60% stock), plus up to $70 million in possible milestone payments. JBoss has raised VC funding from firms like Accel Partners, Matrix Partners and Intel Capital.
Recent Comments