Red Hat takeover talk heats up ahead of press conference
Someday, rumors that Red Hat (NYSE: RHT) will be bought out by a larger rival, will come true. Is that day at hand?
Rumors swirled – again – on Monday that the world’s top Linux open source developer and service provider was in the cross hairs of another firm. This time, the interested buyer was said to be SAP.
Adding fuel to the talk, Raleigh-based Red Hat said its management team will host an online press conference on Wednesday at 11 a.m.
A discussion about Red Hat’s “Technology Roadmap” is promised.
Of course, the specifics of the media event was not disclosed.
Also:
Rumors are swirling that SAP may acquire Red Hat. But does it make sense for SAP — the German software giant — to open its wallet and buy Red Hat, which is pushing beyond Linux to promote open source middleware and virtualization? The VAR Guy’s answer: A potential SAP-Red Hat combo makes sense. Here’s why.
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