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  • 09.06.08

Red Hat Buys Virtualization Company

Red Hat [NYSE:RHT], makers of open-source software, has entrenched itself a little deeper into the virtualization market today by purchasing a company called Qumranet, the Israeli-based firm that developed open-source kernel-based virtual computing. The deal cost $107 million USD, according to PC World.

About the author

I've written about innovation, design, and technology for Fast Company since 2007. I was the co-founding editor of FastCoLabs.

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