Red Hat Buys Out Inktank For $175 Million
Red Hat plopped down $175 million (USD) in cash to have Inktank, the open-source storage company that is mostly associated with the Ceph file-system. It's a nice payday for a company that's just two years old and built around open-source software.
Founded in 2012, Inktank's main objective has been to drive the widespread adoption of Ceph, a scalable, open source, software-defined storage system that runs on commodity hardware. Ceph was developed by Inktank's founder and chief technology officer, Sage Weil, and is a replacement for legacy storage systems and provides a unified solution for cloud computing environments. Inktank's primary goal has been to help customers scale their storage to the exabyte-level and beyond in a cost-effective way. Inktank has provided customers with expertise, processes, tools and support with their enterprise subscription and service offerings. Inktank's customers include Cisco, CERN and Deutsche Telekom, and its partners include Alcatel-Lucent and Dell. The company has offices in Los Angeles and San Francisco.
Those wishing to find out more about Red Hat's latest cloud play can read the official Red Hat press release.
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