RALEIGH, NC - Sept. 30 2004 -Red Hat, Inc. (Nasdaq: RHAT), the world's leading provider of open source solutions to the enterprise, today announced that it has entered into a definitive asset purchase agreement with America Online, Inc. to acquire certain assets of Netscape Security Solutions.
The products to be acquired are derived from the Netscape Enterprise Suite and include Netscape Directory Server and Netscape Certificate Management System. Red Hat plans to start marketing these products as part of its Open Source Architecture over the next 6 to 12 months. Customers will then benefit from enhanced security, manageability and office productivity as these technologies are optimized for devices and applications across the Open Source Architecture.