Gluster is Likely to Be One Among Many Upcoming Red Hat Buys

by Sam Dean - Oct. 06, 2011Comments (0)

It's no secret that as the last remaining public, U.S company focused on open source (after the acquisitions of Novell and Sun Microsystems), Red Hat is on a tear. The company is on track to become the first $1 billion a year open source firm, and we've predicted before that acquisitions are on the horizon for the company as it rakes in the revenues. Sure enough, enhancing its increasing focus on cloud computing and Big Data, Red Hat has announced that it is paying $136 million for Gluster, a privately held storage firm. This is just one of what will likely be several upcoming acquisitions from Red Hat.

As the Register notes, Gluster's name comes from the combination of GNU and cluster, and the firm specializes not only in storage solutions but in solutions that help organizations crunch and manage large data sets. Gluster was originally created at California Digital Corp., which makes supercomputers.

"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," said Red Hat CTO Brian Stevens in a statement announcing the acquisition. "With unstructured data growth (such as log files, virtual machines, email, audio, video and documents), the 90s paradigm of forcing everything into expensive, single-system DBMS residing on an internal corporate SAN has become unwieldy and impractical."

Look for more acquisitions from Red Hat in the coming months as it tries to serve complex cloud computing and data crunching demands from the organizations that depend on it for software and support. Red Hat's total revenue for last fiscal quarter was $281.3 million, an increase of 28% from the year ago quarter. Subscription revenue for the quarter was $238.3 million, up 28% year-over-year.  That's nothing to shake a stick at, and the company has more than $1 billion in the bank. It's high time to buy some companies that can complement Red Hat's existing, core competencies. 



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