Red Hat signs definitive agreement to acquire ManageIQ
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Red Hat has agreed to acquire ManageIQ, for approximately $104.0 million in cash. The closing of the transaction is subject to customary closing conditions, including approval by the stockholders of ManageIQ. ManageIQ was already supporting the Red Hat Enterprise Virtualization (RHEV) platform.
ManageIQ provides Virtualization platform Management software providing monitoring, management and automation. And by this acquisition Red Hat can offer a complete solution for cloud management.
With the addition of ManageIQ, Red Hat’s open hybrid cloud management solutions will include:
- Red Hat CloudForms: a hybrid cloud Infrastructure-as-a-Service (IaaS) solution that enables the management, brokering, and aggregation of capacity across various virtualization and cloud providers as well as the management of applications across hybrid clouds.
- Red Hat Enterprise Virtualization: a comprehensive virtualization management solution that is an ideal virtualization substrate for organizations to build cloud environments in terms of performance, security and value.
- ManageIQ’s Hybrid Cloud Operations Management Tools: a cloud operations management solution that provides enterprises operational management tools including monitoring, chargeback, governance, and orchestration across virtual and cloud infrastructure such as Red Hat Enterprise Virtualization, Amazon Web Services, Microsoft and VMware.
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