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.
WOW !!
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.
I wonder whats gonna happen to JBOSS's user base who are using it especially because it's "Open Source". or maybe another Fedora App Server would be out soon... just so that it stays Open Source.
UPDATE : Links to Market Rumble on this topic available here...
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