{"id":26063,"date":"2014-09-19T19:40:28","date_gmt":"2014-09-19T23:40:28","guid":{"rendered":"http:\/\/www.opensource.im\/?p=26063"},"modified":"2014-09-19T19:40:28","modified_gmt":"2014-09-19T23:40:28","slug":"us-software-giant-buys-waterford-firm-for-e63-5m","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/open-source-software\/us-software-giant-buys-waterford-firm-for-e63-5m.php","title":{"rendered":"US software giant buys Waterford firm for \u20ac63.5m"},"content":{"rendered":"<p><p>    A Waterford-based mobile software company was yesterday bought    by US open source software giant Red Hat in a deal worth    63.5m.  <\/p>\n<p>    FeedHenry which specialises in enterprise-focused mobile app    platforms has agreed a deal with the US firm which it expects    to close next year.  <\/p>\n<p>    The acquisition will expand Red Hats portfolio of app    development, integration and platform-as-a-service (PaaS)    solutions, according to the company.  <\/p>\n<p>    The mobile application platform is one of the fastest growing    segments of the enterprise software market. As mobile devices    have penetrated into every aspect of enterprise computing,    enterprise software customers are looking for easier and more    efficient ways for their developers to build mobile    applications that extend and enhance traditional enterprise    applications. FeedHenry will help us enable customers to take    advantage of the capabilities of mobile with the security,    scalability, and reliability of Red Hat enterprise software,    said Red Hat application platform business senior vice    president, Craig Muzilla.  <\/p>\n<p>    FeedHenry, which employs 60 people across the UK, Ireland and    the US, is a leading developer of cloud mobile application    platforms for large companies.  <\/p>\n<p>    The company which was spun out of Waterford Institute of    Technologys Telecommunications Software and Systems Group also    allows developers to create native apps as well as hybrid or    web apps.  <\/p>\n<p>    Commenting on the announcement, FeedHenry chief executive,    Cathal McGloin said the move would enable the company to reach    a wider audience.  <\/p>\n<p>    We are excited to become part of Red Hat, the leader in open    source enterprise solutions, and see this as confirmation of    the combined power of mobile and cloud... we now have an    opportunity to bring our leading mobile application platform to    a wider audience of global customers and partners, to help them    optimise for the mobile-first world, said Mr McGloin.  <\/p>\n<p>    FeedHenry made an after-tax loss of 1.49m in 2012.  <\/p>\n<p>   Irish Examiner Ltd. All rights reserved<\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Follow this link:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.irishexaminer.com\/business\/cwidqlojeymh\/rss2\" title=\"US software giant buys Waterford firm for \u20ac63.5m\">US software giant buys Waterford firm for \u20ac63.5m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> A Waterford-based mobile software company was yesterday bought by US open source software giant Red Hat in a deal worth 63.5m. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-26063","post","type-post","status-publish","format-standard","hentry","category-open-source-software"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/26063"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=26063"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/26063\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=26063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=26063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=26063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}