Red Hat to Buy FuseSource to Bolster Middleware Play
Red Hat announced an agreement to acquire FuseSource, a provider of open-source integration and messaging solutions, in a move to beef up the Red Hat middleware portfolio.Red Hat (NYSE: RHT) announced that it has signed a definitive agreement to acquire open-source middleware provider FuseSource from Progress Software. Red Hat did not disclose the financial details of the deal announced June 27 at its Red Hat Summit and JBoss World 2012 event in Boston. However, company officials said FuseSource, a provider of open-source integration and messaging, will enable Red Hat to accelerate the delivery of application integration products and services to enterprise customers.
Application integration software is one of the fastest-growing segments of the enterprise software market, said Craig Muzilla, vice president and general manager of middleware at Red Hat, in a statement. As cloud computing becomes more prevalent, enterprise customers are demanding greater application integration to enable seamless use of cloud computing. With the addition of FuseSource to our middleware portfolio, we will enable customers to experience greater integration capabilities and flexibility. FuseSources technologies, expertise and commitment to open source make them a great fit.