Monday, April 10, 2006

Red Hat scoops up JBoss | CNET

"Linux distributor Red Hat said Monday that it signed an agreement to buy open-source company JBoss for at least $350 million, a move that expands Red Hat's product line and adds to its growth potential.
The transaction involves 40 percent cash and 60 percent Red Hat stock, with an additional $70 million owed, subject to financial performance. Red Hat said the deal, which is expected to close next month, will add to the company's earnings next year. "

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