October 5, 2011
Red Hat Purchasing Open Source Storage Company
Red Hat announced on Tuesday that it has signed a definitive agreement to purchase Gluster, a provider for open source storage solutions for unstructured data.
Red Hat, the leading provider in open source solutions to the enterprise, plans to buy Gluster for $136 million.
“With this acquisition, Red Hat will define a new baseline for how enterprise IT manages the explosion of big data, whether deployed on-premise or spanning into the public cloud,” the company said in a statement.
Red Hat said it is expanding into a critical part of enterprise infrastructure by enabling it to deliver open storage solutions that protect customer investments.
"The explosion of big data and the new paradigm of cloud computing are converging, forcing IT to re-think storage investments that are cost-effective, manageable and scale for the future," Brian Stevens, CTO and vice president, Worldwide Engineering at Red Hat, said in a press release.
"Our customers are looking for software-based storage solutions that manage their file-based data on-premise, in the cloud and bridging between the two. With unstructured data growth (such as log files, virtual machines, email, audio, video and documents), the 90's paradigm of forcing everything into expensive, single-system DBMS residing on an internal corporate SAN has become unwieldy and impractical."
Gluster was founded in 2005 and allows enterprises to combine large numbers of commodity storage and compute resources into a globally accessible storage pool.
"Gluster has emerged as an innovative open source leader, relied upon by companies such as Pandora, Box.net and Samsung to efficiently manage large volumes of data," Red Hat said in a statement.
AB Periasamy, co-founder and CTO of Gluster, said the company is excited about the acquisition.
"We believe this is a perfect combination of technologies, strategies and cultures and is a great development for our customers, employees, investors and community. Gluster started off with a goal to be the Red Hat of storage," Periasamy said in a press release. "Now, we are the storage of Red Hat."
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