Redhat to Acquire JBOSS
By Rohan Pinto on Apr 10, 2006
According to this news report, Red Hat announced that it has entered into a definitive agreement to acquire JBoss Inc. The aquistion was being speculated for a while, But now, I believe that it's time to stop speculating as it's official. Reuters reported the deal to be worth an initial $350 Million.
Red Hat also said that they would pay another $70 Million if performance metrics were met.
Sweeet deal aye ?
Looks like the times of aquisions and mergers are back.. the dot com boom was really a "proof of concept".... And everybody seems to be capitalizing on it now.