| Red Hat Buys Planning Technologies for $47 Million in Stock |
|---|
Red Hat, Inc., an open source solutions provider based in Research Triangle Park, N.C., has
acquired Planning Technologies, Inc., an Atlanta-based consulting service that focuses on
infrastructure.
The acquisition strengthens Red Hat's strategy to offer open source solutions for software and a
broad choice of services with Red Hat Network as the backbone for deployment and management.
The acquisition of PTI was made through a stock for stock exchange valued at $47 million.
|
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