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Stock Market & Financial Investment News

News Breaks
April 30, 2014
08:09 EDTRHTRed Hat to acquire Inktank for $175M in cash
Red Hat has signed a definitive agreement to acquire Inktank, a leading provider of scale-out, open source storage systems. Inktank’s flagship technology, Inktank Ceph Enterprise, delivers world class object and block storage software to enterprises deploying public or private clouds, including many early adopters of OpenStack clouds. Red Hat has agreed to acquire Inktank, a privately-held company, for approximately $175M in cash, subject to certain adjustments at closing. As part of the transaction, Red Hat will assume unvested Inktank equity outstanding on the closing date and issue certain equity retention incentives. The transaction is expected to close in May, subject to customary closing conditions.
News For RHT From The Last 14 Days
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May 19, 2015
08:06 EDTRHTRed Hat announces OpenStack shared file system service
Red Hat announced a technology preview of Red Hat Gluster Storage with capabilities from the OpenStack community’s new Manila project. Expanding the options for hybrid cloud storage, Red Hat Gluster Storage now provides enterprises with a scale-out shared file system service for OpenStack cloud infrastructures.
May 13, 2015
07:21 EDTRHTCredit Suisse to hold a conference
4th Annual Disruptive Technology Conference is being held in San Francisco on May 13-14 with webcasted company presentations to begin on May 13 at 10:35 am; not all company presentations may be webcasted. Webcast Link
May 12, 2015
07:45 EDTRHTJefferies to hold a conference
2015 Global Technology, Media and Telecom Conference is being held in Miami on May 12-14.

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