Red Hat Snaps Up Qumranet in $107 Million Deal
Red Hat on Thursday announced the acquisition of Qumranet, paying about $107 million in cash for the privately held company.
Qumranet is a virtualization company that is best known for its KVM (Kernel-based Virtual Machine) platform and SolidICE offering, a virtual desktop infrastructure (VDI). In combination, these two Qumranet products offer a virtualization platform for enterprise customers.
Red Hat will additionally pick up Qumranet’s talent. The company’s team of professionals that develop, experiment and support Qumranet solutions, as well
“Red Hat customers enjoy highly responsive, flexible and cost-effective IT infrastructures,” said Jim Whitehurst, president and CEO of Red Hat. “This acquisition furthers our capability to widen the gap within open source and proprietary infrastructure software.”
The Next Generation of Virtualization
Whitehurst went on to say that Qumranet’s KVM and VDI technologies are at the forefront of the next […]
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