Red Hat Acquires NooBaa

redhatRed Hat, Inc. (NYSE: RHT), a provider of open source solutions, acquired NooBaa, an early stage company developing software for managing data storage services across hybrid and multicloud environments.

The amount of the deal was not disclosed.

The addition of NooBaa’s data management technology increases Red Hat’s existing portfolio of hybrid cloud offerings, including Red Hat OpenShift Container Platform, Red Hat OpenShift Container Storage and Red Hat Ceph Storage. Together, these technologies are designed to provide users with a set of capabilities for managing application, compute, storage and data resources across public and private infrastructures.

Founded in 2013, NooBaa provides a data platform designed to serve as an abstraction layer over existing storage infrastructure, which enables data portability from one cloud to another and allows users to manage data stored in multiple locations as a single, coherent data set that an application can interact with.

Red Hat is a provider of enterprise open source software solutions, using a community-powered approach to deliver high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat allows customers to integrate new and existing IT applications, develop cloud-native applications, standardize on its operating system, and automate, secure, and manage complex environments.

FinSMEs

28/11/2018

Join the discussion