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Red Hat to get Enterprise

p2pnet.net News:- Red Hat says it’s "entered into a definitive asset purchase agreement" with AOL to buy parts of Netscape’s Enterprise Suite, adding it to its Open Source Architecture.

This will include Netscape Directory Server and Netscape Certificate Management System.

"Red Hat plans to start marketing these products as part of its Open Source Architecture over the next 6 to 12 months," it states.

"We believe the acquisition of these Netscape assets has tremendous long-term strategic value for the open source industry and Red Hat Enterprise Linux subscribers," said Matthew Szulik, Red Hat chairman and ceo.

"Directory Server and Certificate Management System have already been widely deployed in the enterprise and are mature pieces of infrastructure software. The technologies will provide a secure switchboard with certificates for all traffic in the open source architecture."

Red Hat’s acquisition of the Netscape Security Solutions expected to be completed in Red Hat’s third fiscal quarter of 2004, says ther company, adding that the acquisition is subject to customary conditions to closing, "but is not subject to any further Board or stockholder approvals of any of the parties."

==================

See:-

Enterprise SuiteRed Hat to Acquire Netscape Enterprise Solutions, Red Hat, September 30, 2004

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