Red Hat acquiring MetaMatrix Inc.

Red Hat acquiring MetaMatrix Inc.

Linux company Red Hat has announced that they are acquiring the provider of data management and integration software MetaMatrix Inc.

Red Hat said that they have now signed a definitive agreement to acquire the company. They expect the transaction to be complete within two months.

The company plans to integrate their software solutions in their JBoss division. MetaMatrix specializes in providing data management software for SOA (service-oriented architecture) applications.

The two companies did not reveal the financial aspects of this transaction. Tim Yeaton, senior vice president of enterprise solutions at Red Hat spoke on this acquisition deal: “That’s true regardless of what type of data it is, where it exists, its structure and what have you. The net benefit is that customers are able to really free their data assets from the siloed application-dependent ways that application databases have been constructed in the past.”

Red Hat had acquired JBoss for $420 million in 2006.