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Red Hat Explains ArsDigita Purchase

Posted by Hemos on from the good-move-by-the-hat dept.

hezron writes "Red Hat VP, Howard Jacobson, sent a mass email explaining their acquisition of ArsDigita's assets. Here is the press release concerning the acquisition." The press release is actually a quick FAQ about the purchase - Howard does a good job of explaining the purchase and the reasons for it. Howard's a smart guy, and I hope that the purchase of AD will mean a longer life then how AD's past management was handling it.

1 of 136 comments (clear)

  1. Re:I like RedHat but... by StudMuffin · · Score: 5, Interesting

    The reason is simple...

    Greylock was the VC firm behind both RedHat and Ars Digita. RedHat's 'purchase' of Ars Digita allows Greylock to bury the aD losses in the RH books, as well as give a glimmer of hope to the ACS product making the light of day again.

    About the Ars Digita staff going to RedHat - the total number appears to be about 10 to 15 people, so it's hardly the flood of engineers. RedHat got ACS for a song. And to think that two years ago when aD approached RedHat about putting ACS into the standard distro, they laughed in our faces.

    (Yes, I was an aD wonk)

    --
    Weaseling out of things is important to learn. It's what separates us from the animals... except the weasel. -