Red Hat's Red-Hot Deal
Red Hat's announcement that it would buy JBoss for up to $420 million came as a surprise to many in the software industry. It wasn't because JBoss got sold. Reports swirled for months that JBoss, which specializes in software distributed at little cost over the Internet, was in talks to be bought. Would-be suitors included Novell (NOVL), Oracle (ORCL) and Red Hat. And judging from the surge in Red Hat shares, there was scant concern JBoss would be a good fit.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.