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Red Hat Gains Gluster To Better Manage Explosion Of Big Data

October 4, 2011 by Toon Vanagt Leave a Comment

Red Hat, Inc. today announced that it has signed a definitive agreement to acquire Gluster, Inc., a leading provider of scale-out, open source storage solutions for standardizing the management of unstructured data. With this $136 million cash acquisition, Red Hat tries to define a new baseline for how enterprise IT can better manages the explosion of big data, whether deployed on-premise or spanning into the public cloud. This helps Red Hat expanding into a critical part of enterprise infrastructure, enabling it to deliver open storage solutions that protect customer investments as they approach the new era of computing.

“The explosion of big data and the new paradigm of cloud computing are converging, forcing IT to re-think storage investments that are cost-effective, manageable and scale for the future,” said Brian Stevens, CTO and vice president, Worldwide Engineering at Red Hat. “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. With unstructured data growth (such as log files, virtual machines, email, audio, video and documents), the 90’s paradigm of forcing everything into expensive, single-system DBMS residing on an internal corporate SAN has become unwieldy and impractical.”. Feel free to dive into the full take from Brian Steven on Gluster.

Founded in 2005, Gluster’s goal was to simplify storage using open source software and commodity hardware. The heart of Gluster is GlusterFS, a software-only, scale-out storage system. It allows enterprises to combine large numbers of commodity storage and compute resources into a high-performance, centrally-managed and globally-accessible storage pool. By combining commodity economics with a scale-out approach, customers can deploy abundant storage without compromising on cost, performance and manageability. Gluster has emerged as an innovative open source leader, relied upon by companies such as Pandora, Box.net and Samsung to efficiently manage large volumes of data.

“We are extremely pleased to be joining Red Hat,” said AB Periasamy, co-founder and CTO of Gluster. “We believe this is a perfect combination of technologies, strategies and cultures and is a great development for our customers, employees, investors and community.  Gluster started off with a goal to be the Red Hat of storage. Now, we are the storage of Red Hat.”
“Enterprises and service providers have struggled to manage their rapidly expanding unstructured data stores with conventional storage systems,” said Henry Baltazar, senior analyst of The 451 Group. “The scale out storage technology and expertise Red Hat is gaining from the acquisition of Gluster will serve as a powerful foundation for future public, private and hybrid storage clouds.”

In September 2008, Red Hat already acquired Qumranet, Inc. including its Kernel Virtual Machine (KVM) platform and SolidICE offering, a Virtual Desktop Infrastructure (VDI), which together presented a comprehensive virtualization platform for enterprise customers. With the addition of Gluster to KVM Red Hat now seems to aim at offering a cloud platform too. Interesting times ahead in the crowded cloud market.

Red Hat has agreed to acquire Gluster, a privately-held company, for approximately $136 million in cash. As part of the transaction, Red Hat will also assume unvested Gluster equity outstanding on the closing date and issue certain equity retention incentives.  The transaction is expected to close in October, subject to customary closing conditions.

Filed Under: Acquisitions, Featured, News Tagged With: big data, cloud, Gluster, GlusterFS, kvm, red hat, storage

VMware Announces New iPad, Android Apps From SlideRocket And Socialcast

September 27, 2011 by Robin Wauters 3 Comments

Advancing its vision for the future of applications in the post-PC era, VMware today announced new iPad and updated Android applications from SlideRocket and Socialcast that will help modern businesses empower a more agile, productive and connected enterprise.

SlideRocket and Socialcast’s mobile applications address a need to equip the connected enterprise with user-centric communication and collaboration tools that enhance business outcomes.

SlideRocket transforms presentations to better fit the needs of today’s enterprise with enhanced graphic capabilities, analytics and viewing patterns, real-time feedback, social media integration, and mobile functionality that drive deeper levels of engagement, audience participation and retention.

With the new, free SlideRocket Player iPad app, users can share engaging presentations, whether presenting to an audience across the table or across the globe. People can also invite someone to view a presentation from a simple link.

Available in the coming weeks, the new Socialcast iPad and updated Android app enables people to access their Socialcast community while on the road. Employees will be able to collaborate with co-workers from anywhere: posting updates, sharing files and connecting on important work projects.

In addition, Socialcast will support secure login via OAuth 2.0.

Filed Under: Featured, Uncategorized Tagged With: Android, ipad, SlideRocket, SocialCast, vmware

Red Hat’s Q2 2011: $281.3 Million In Revenue, $40 Million In Net Income

September 22, 2011 by Robin Wauters Leave a Comment

Red Hat, provider of open source solutions, has announced financial results for its fiscal year 2012 second quarter ended August 31, 2011.

Total revenue for the 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.

GAAP operating income for the second quarter was $52.5 million, or 18.7% operating margin. After adjusting for stock compensation and amortization expenses as detailed in the tables below, non-GAAP operating income for the second quarter was $76.4 million, up 41% year-over-year. Non-GAAP operating margin was 27.2%, up 250 basis points from the year ago quarter.

Net income for the quarter was $40 million, or $0.20 per diluted share, compared with $23.7 million, or $0.12 per diluted share, in the year ago quarter.

Operating cash flow was $77.1 million for the second quarter, as compared to $64.3 million in the year ago quarter. At quarter end, the company’s total deferred revenue balance was $813.2 million, an increase of 25% on a year-over-year basis.

Total cash, cash equivalents and investments as of August 31, 2011 was $1.3 billion.

Filed Under: Featured Tagged With: red hat

Adaptivity Raises $6 Million; Lee Congdon Joins Board; Robert Macfarlane Joins As New CTO

September 20, 2011 by Robin Wauters Leave a Comment

Adaptivity, which provides an intelligent IT blueprinting software suite, announced today that it has raised an additional $6 million of venture capital financing from Intel Capital, Intersouth Partners and Noro-Moseley Partners, to be funded in two $3 million tranches the first of which was funded on July 29, 2011.

The company also announced that Lee Congdon, CIO of Red Hat, has joined its Board of Directors and that Robert MacFarlane, former VP and Director, Technology Asset Management of Wells Fargo, has joined the company as its new CTO.

The additional equity funding will be used to accelerate product development and scale sales and marketing infrastructure to support growing market demand for the company’s Blueprint4IT Lifecycle Suite of software products.

The investors previously invested $10 million in October 2010.

Filed Under: Featured, Funding, People Tagged With: Adaptivity, Lee Congdon, Robert Macfarlane

Vembu Acquires CloudNucleus To Boost Data Backup, Recovery Solutions

September 15, 2011 by Robin Wauters Leave a Comment

Vembu Technologies, a provider of online data protection software for Managed Service Providers (MSPs) and Managed Hosting Providers (MHPs), has announced that it acquired CloudNucleus, a data protection software developer with specific focus on continuous data protection with bare metal backup and disaster recovery for Windows and Linux environments.

Specific terms of the deal were not disclosed.

The addition of CloudNucleus strengthens Vembu’s offerings in the areas of business continuity and disaster recovery, Continuous Data Protection (CDP), Bare Metal Recovery (BMR), and protection of virtualized environments and will enhance the ability of Vembu’s service provider partners to offer a superior backup service to their customers.

Further, CloudNucleus’ technical capability, and service delivery will complement Vembu’s established channel and enhance its ability to serve partners and their customers around the globe.

Vembu intends to integrate the technology and operations of CloudNucleus into its existing operations.

Srivatsan Venkatesan will join Vembu as Vice President of Product Management, Storage Products. Vembu and CloudNucleus will integrate engineering and development functions to accelerate the development and delivery of their data protection solutions.

Filed Under: Acquisitions, Featured Tagged With: CloudNucleus, Vembu, Vembu Technologies

VMware Debuts Workstation 8

September 14, 2011 by Robin Wauters Leave a Comment

VMware today announced the availability of VMware Workstation 8, offering a way to build, share and upload virtual machines (VMs) to VMware vSphere.

With more than 50 new features, VMware Workstation 8 advances the way technical professionals can work with multiple virtual machines from their PCs or on enterprise private clouds.

VMware Workstation 8 is immediately available for purchase for $199. Upgrades from VMware Workstation 6.x and 7.x are available for $99.

VMware Customers who have purchased VMware Workstation 8 between Aug. 1, 2011 and Sept. 30, 2011 are eligible for a complimentary electronic upgrade to VMware Workstation 8.

Workstation can also be purchased through VMware’s network of resellers and distributors.

Filed Under: Featured, Uncategorized Tagged With: vmware, VMWare Workstation, VMware Workstation 8, Workstation

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