Corporate


Open Source Collaboration Software Maker Open-Xchange Secures $9 Million

Open-Xchange has closed a Series B round of venture funding to the tune of $9 million. The round was led by German venture firm eCAPITAL Entrepreneurial Partners AG and joined by BayBG and existing Munich-based investor BayTech Venture Capital. Open-Xchange received a total of $8.8 million in a Series A financing round from angel investors and [...]

Red Hat Acquires JBoss

Red Hat today announced that it has entered into a definitive agreement to acquire JBoss. By acquiring JBoss, Red Hat expects to increase its footprint in the application integration market. This deal is a heavy proof that the application server market is more and more commoditized. IBM will probably be able to handle that, but [...]