Open-source software vendor Red Hat plans to acquire FuseSource, a developer of open-source integration and messaging software, in a move that will add to Red Hat's JBoss middleware product portfolio.
Red Hat, Raleigh, N.C., is buying FuseSource from Progress Software for an undisclosed amount. Progress Software said in April that it would divest itself of 10 product lines, including FuseSource, as part of a broad restructuring to focus on application development and deployment products.
Red Hat said the deal is subject to customary closing conditions and the company expects to disclose "comprehensive commercialization plans" for FuseSource later this summer.
[Related: Red Hat Offers Hybrid Cloud Packages, Draws Competitive Comparisons With VMware]
FuseSource develops open-source application integration and messaging software based on the Apache ServiceMix, Aapche MQ, Apache CFX and Apache Camel technologies. Adding FuseSource products to the JBoss line will expand the range of application integration software and services Red Hat can market to its customers, the company said.
"Application integration software is one of the fastest-growing segments of the enterprise software market," said Craig Muzilla, vice president and general manager of middleware at Red Hat, in a statement. "As cloud computing becomes more prevalent, enterprise customers are demanding greater application integration to enable seamless use of cloud computing."
PUBLISHED ON JUNE 28, 2012
