Red Hat Completes Acquisition of JBoss; Open Source Leader Enables a Low-Cost Path to Service-Oriented Architectures.RALEIGH, N.C. -- Red Hat (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ), the world's leading provider of open source solutions to the enterprise, today announced the completion of its acquisition of JBoss, Inc. By acquiring JBoss, the global leader in open source middleware, Red Hat is now positioned to accelerate the shift to service-oriented architectures (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) and enable the next generation of web-enabled applications running on a low-cost, secure open source platform. "Red Hat's acquisition of JBoss reflects a desire by our global customers to accelerate and expand the use of open source in the enterprise," said Matthew Szulik Matthew J. Szulik - Chairman, Chief Executive Officer and President of Red Hat, leader of some other technology companies, such as Interleaf and MapInfo for more than 20 years. , Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Red Hat. "The innovation and value of the open source platform continues to transform the performance of the twenty-first century enterprise." With today's announcement, JBoss will become a division of Red Hat with a common business model of delivering and providing production support of open source software. Customers will now have access to a single, proven global production support organization that can service both Red Hat and JBoss customers, in addition to procuring JBoss offerings through the established global channels of Red Hat. With this acquisition, Red Hat continues to lead the widespread adoption of open source solutions for the enterprise, demonstrating the power of its development model to create innovative, high quality software, while simultaneously providing flexible and cost-effective solutions for customers. Marc Fleury Marc Fleury (born Paris, 1968) is the creator of JBoss, an open-source Java application server. Fleury holds a degree in mathematics and a Doctorate in physics from the École Polytechnique in Paris and a Master in Theoretical Physics from the École Normale. , founder and former CEO of JBoss and now Senior Vice President and General Manager of the JBoss division of Red Hat, noted: "Joining forces with Red Hat makes absolute sense for JBoss employees, customers, partners and the community as a whole. We share a common passion for innovation, technology and open source. Red Hat will give JBoss a platform to grow, so we can both continue to deliver exceptional open source products, services and customer value. I am personally very excited to help further drive the adoption of our market-leading solutions." "As one of the largest and most experienced global benefits providers servicing more than 10 million plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. across all markets, CitiStreet depends on Red Hat Enterprise Linux Red Hat Enterprise Linux (often abbreviated to RHEL) is a Linux distribution produced by Red Hat and targeted toward the commercial market, including mainframes. Red Hat commits to supporting each version of RHEL for 7 years after its release. and JBoss for our operations every day," said Barry Strasnick, Chief Information Officer, CitiStreet. "We have realized the value of open source for the enterprise, especially in the areas of cost-savings, performance and security. The acquisition of JBoss by Red Hat will only benefit our future management, development and deployment." "At Orbitz, we currently use both JBoss Application Server For the JBoss company itself, see . JBoss Application Server (or JBoss AS) is a free software / open source Java EE-based application server. Because it is Java-based, JBoss AS is cross-platform, usable on any operating system that Java supports. and Red Hat Enterprise Linux. We believe the acquisition of JBoss and its integration with Red Hat will support our efforts to be more cost effective as we develop and deploy applications," said Chuck Clark, Director of Platform Technology, Orbitz. "We look forward to a more seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of JBoss middleware components with Red Hat enterprise solutions." Red Hat Outlines Enterprise Strategy The combination of Red Hat's proven portfolio of enterprise infrastructure solutions and JBoss' standards-based middleware technologies will help accelerate the shift to SOA by making innovative, powerful solutions available to developers and customers seeking to lower development and deployment costs. "The JBoss product portfolio is an excellent technology fit with Red Hat's current enterprise solutions," said Al Gillen, Research Vice President, System Software, IDC. "The combination of Red Hat and JBoss will drive further innovations for the open source ecosystem -- yet by maintaining JBoss as a division, JBoss customers aboard other platforms should see continuity with the JBoss products they use." For more information on the acquisition of JBoss, please visit http://www.redhat.com/promo/jboss. To read about Red Hat's partner support, please visit http://www.redhat.com/promo/jboss/partner.html. Red Hat will also discuss its enterprise strategy at JBoss World. For information on JBoss World and to learn how to attend, please visit www.jbossworld.com. About Red Hat, Inc. Red Hat, Inc., the world's leading open source and Linux provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. The most trusted name in open source, CIOs and other senior-level IT executives have ranked Red Hat as the industry's most valued vendor for two consecutive years in the CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Insight Magazine Vendor Value study. Red Hat is leading Linux and open source solutions into the mainstream by making high quality, low cost technology accessible. Red Hat provides operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. software along with middleware, applications and management solutions. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's open source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with focus on security and ease of management. Learn more: http://www.redhat.com Forward Looking Statements Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the integration of acquisitions; the ability of the Company to effectively compete; the inability to adequately protect Company intellectual property and potential for infringement or breach of license claims regarding third party intellectual property; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. ; adverse results in litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; the dependence on key personnel as well as other factors contained in our most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations". In addition, the forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. LINUX is a trademark of Linus Torvalds. RED HAT and JBOSS are registered trademarks of Red Hat, Inc. and its subsidiaries in the US and other countries. |
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