Red Hat: Red Hat will acquire JBoss for approximately $350 million in initial consideration, plus approximately $70 million subject to the achievement of certain future performance metrics. The transaction consideration is composed of approximately 40% in cash and 60% in Red Hat common stock. The acquisition is expected to be completed around the end of Red Hat's first fiscal quarter (May 2006), subject to customary closing conditions, including regulatory approval.
JBoss: How will the open source community benefit?
Both Red Hat and JBoss are dedicated to preserving the integrity of open source. This union will bring together two of the market and brand leaders in open source and create the industry's first comprehensive open source platform for the enterprise.
The combined companies will continue to invest in development of new open source technologies while reaching out to the wider open source community as a whole to encourage continued and active participation in the success of combined open source projects.
Previous Topic
![]("http://www.jboss.com/images/events/finaldoc.jpg")