Red Hat, open source purveyor, recently announced to have signed a definitive agreement to purchase privately held data management firm MetaMatrix, for an undisclosed sum of money. As per the details of the deal, MetaMatrix’s software is claimed to be integrated with JBoss middleware as part of a services-oriented architecture package.
MetaMatrix, located in Waltham, Mass., sells software for making access to different data sources. For instance, its tools are utilized to assist companies to generate a standalone “view” of a customer by getting info from many dissimilar databases. Red Hat maintained that it is planning to modify MetaMatrix’s business model to adapt it to the Linux seller’s open-source structure.
Red Hat is aimed at selling MetaMatrix’s products founded on an open source model, with revenues approaching from subscriptions, rather than the typical upfront licensing plan. The company is expecting to transition all of MetaMatrix’s software products into the open source model within a year.
