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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:Looks to me... by FreshFunk510 · · Score: 1, Troll
    As an ex-ad it's more like this:
    • Greylock owns Red Hat
    • Greylock owns Arsdigita
    • Arsdigta is a failure
    • Use Red Hat money to "buy" Arsdigita
    • Write off Arsdigita as a loss ($$$) (because that's basically what it is)
    If Red Hat hat really wanted some java programmer they would've gone out there and hired some (theyre' a dime a dozen in case you haven't looked at the current economy). And it doesn't really make sense that they basically just fired everyone in aD except those who are needed to clean the rest of the $hit up.
    --


    "Injustice anywhere is a threat to justice everywhere." - Martin Luther King, Jr.