Qumranet

Voices

Red Hat Buys Virtualization Company; VMW, CTXS Slide

Eric Savitz, Columnist and Blogger, Barron's, Tech Trader Daily in News on September 4, 2008 at 11:20 am PT

Competition is intensifying in the virtualization sector. Red Hat (RHT) this morning announced an agreement to acquire Qumranet, an Israeli company that provides a virtualization software platform, for $107 million in cash.