Red Hat takes over Netscape software

Posted on Thursday, Sep 30 2004 @ 19:29 CEST by Thomas De Maesschalck
In a move to add more open-source arrows to its quiver, Linux seller Red Hat has acquired the Netscape server software products of AOL Time Warner, the companies plan to announce Thursday.

Red Hat plans to release the Netscape Enterprise Suite as open-source software, meaning that anyone will be able to use, modify and redistribute the products, News.com has learned. It's a new step in Red Hat's "open-source architecture" plan to expand beyond its core product, the Linux operating system, Chief Executive Matthew Szulik plans to tell analysts at a company conference Thursday in New York.

In an interview Wednesday, Szulik declined to comment on terms of the deal, but said the company spent less than $25 million on the acquisition.

More info at Cnet


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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