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April 30, 2014 04:11 pm GMT

Red Hat Buys Inktank For $175M In Cash To Beef Up Its Cloud Storage Offerings

11847079564_738048a775_bRed Hat, the open source software provider, is squaring up to Amazon in the storage market. It has just announced that it is buying Inktank, a developer of open-source storage systems, for $175 million in cash. Red Hat says it will combine Inktank’s primary product, Inktank Ceph Enterprise, with its own GlusterFS-based storage offering. Red Hat says the deal will make it into the largest… Read More

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