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June 28, 2012 09:26 pm GMT
Gluster was founded in 2005 to productize their eponymous global distributed filesystem, GlusterFS. As an all-software solution for storing immense quantities of distributed and replicated data, it quickly caught the eye of many working with big data including Red Hat, who purchased the company late last year.Yesterday at Red Hat Summit, Red Hat officially announced their branded solution based upon the Gluster foundation: Red Hat Storage. As an all-software storage solution, Red Hat Storage lives atop the Red Hat Enterprise Linux operating system and provides robust scale-out storage for both block and file level volumes.Prior to its acquisition, Gluster had raised over $8 million in funding. Red Hat bought them for $138 million. That's a pretty remarkable difference between those two numbers. I spoke with a number of Red Hat executives about the acquisition, specifically asking if they felt they'd gotten their money's worth.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_0gd1O5XsYw/
Anatomy Of An Open Source Acquisition: From GlusterFS To Red Hat Storage
Gluster was founded in 2005 to productize their eponymous global distributed filesystem, GlusterFS. As an all-software solution for storing immense quantities of distributed and replicated data, it quickly caught the eye of many working with big data including Red Hat, who purchased the company late last year.Yesterday at Red Hat Summit, Red Hat officially announced their branded solution based upon the Gluster foundation: Red Hat Storage. As an all-software storage solution, Red Hat Storage lives atop the Red Hat Enterprise Linux operating system and provides robust scale-out storage for both block and file level volumes.Prior to its acquisition, Gluster had raised over $8 million in funding. Red Hat bought them for $138 million. That's a pretty remarkable difference between those two numbers. I spoke with a number of Red Hat executives about the acquisition, specifically asking if they felt they'd gotten their money's worth.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_0gd1O5XsYw/
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