October 4, 2011 – Red Hat will pay $136 million in cash for open source storage provider Gluster, with plans for its software to alleviate the growing stress of unstructured data on virtualized environments.
A definitive agreement has been made on the acquisition, which is expected by Red Hat to close at the end of October, according to a news release on the deal. In addition, Red Hat will also assume Gluster’s debt.
Gluster offers a software-only solution that runs on commodity storage hardware, from on-premise storage servers to virtual machines built on Amazon Machine Images. Only recently invested in the storage solutions space, Gluster technology is geared toward content-centric loads, according to a news release on the proposed deal.
Red Hat stated in a news release that Gluster’s data management capabilities line up well with its physical and virtual cloud offerings, as well as with the platform as a service vision and solutions it released during the summer. On a conference call reporting the deal, Red Hat CTO Brian Stevens said that the amount of unstructured data like that from video and audio sources that don’t “fit neatly” into storage systems, plus the increase in mobile BI, have added stress to both legacy and cloud data storage.
“Virtualization deployment has moved so quickly that the storage tier has not been able to keep up,” Stevens said.
Red Hat plans to support Gluster’s products and customers, and Red Hat CFO Charlie Peters said the two providers share a similar subscription revenue model.
Gluster is based in Sunnyvale, Calif. and has development offices in Bangalore, India.
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