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Sistina, a Vesbridge Portfolio Company, Sold to Redhat
June 18, 2004
(from Red Hat's release)
Red Hat, Inc. (Nasdaq:RHAT), the world's premier open source solution provider to the enterprise, has announced that it has entered into a definitive agreement to acquire Sistina Software, a leading storage infrastructure software company. Concurrent with Red Hat's Open Source Architecture strategy, the acquisition will provide Enterprise Linux customers a path to virtualization and vendor-independent storage solutions.
"With enterprise class storage management capabilities in place, Linux operating environments look more trustworthy than ever," said John Webster of the Data Mobility Group. Sistina is a leader in what industry data estimates is a $2 billion storage infrastructure marketplace.
Sistina's storage infrastructure software is the foundation for building, integrating and deploying data-sharing storage solutions across the enterprise.
"The acquisition of the Sistina technology and world class development team, in close collaboration with the open source community, will greatly accelerate the availability and advancement of open source storage solutions for the enterprise," said Paul Cormier, Executive vice president of Engineering at Red Hat.
Sistina's engineering team, consisting of industry experts in clustering and virtualization, will augment Red Hat's development efforts.
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