Updated Apr. 30, 2014 at 9:35 a.m.

Premium Lock Red Hat to acquire cloud computing software firm for $175M

Published: 2014-04-30 08:34:00
Updated: 2014-04-30 09:35:55

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Raleigh-based Red Hat is making another move to embrace cloud computing - in particular OpenStack - by acquiring Inktank Ceph Enterprise in a deal worth $175 million. Red Hat is paying cash for the company....

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