It's Official: Red Hat Buys Cygnus
Well, now it's official. Red Hat buys Cygnus for $674 Million. (Short story here.) I'm sure we're going to see lots of attention from the media in the following hours. What do you think?
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There's a FAQ up on the Cygnus site regarding the merger.
Most interestingly (perhaps) is that a new CEO will be taking the helm at RedHat.
Why would we want to destroy Cygnus?
The way I see it, Red Hat and Cygnus are a great match - Red Hat builds the OS, Cygnus builds development tools and embedded systems.
With both working together, it's far easier to coordinate, so both sides will profit.
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