Summary
- Red Hat has acquired NooBaa for an undisclosed sum.
- NooBaa has developed a hybrid cloud data management platform for the enterprise.
- For RHT, the deal will increase its offerings to enterprises as they seek to lower their costs, increase flexibility, and reduce complexity in multicloud environments.
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Quick Take
Red Hat (RHT) announced that it has acquired NooBaa for an undisclosed amount.
NooBaa has developed software to assist enterprises in managing their data storage capabilities across multi-cloud environments.
As RHT prepares to be acquired by IBM, the deal for NooBaa will bolster its open hybrid cloud offerings.
