Red Hat to acquire Inktank
Open-source specialist to pay $175m in cash for provider of Ceph Enterprise
Open source solutions mainstay Red Hat, Inc this week announced it has signed a "definitive agreement" to acquire Inktank, a provider of scale-out, open-source storage systems.
Inktank's flagship technology, Inktank Ceph Enterprise, delivers object and block storage software to enterprises deploying public or private clouds, including many early adopters of OpenStack clouds.
"Combined with Red Hat's existing GlusterFS-based storage offering, the addition of Inktank positions Red Hat as the leading provider of open software-defined storage across object, block and file system storage," Red Hat said in a statement.
Red Hat expects growth in software-defined platforms to outpace the rest of the file- and object-based storage market.
Founded in 2012, Inktank's main focus has been Ceph, designed as 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, providing a unified solution for cloud computing environments.
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.
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Red Hat has agreed to pay out $175m in cash for the privately held company, subject to certain adjustments at the closing of the transaction, which is expected in May 2014.
"With a shared commitment to open source, open standards and customer success, joining forces with Red Hat is something we are all very excited about," said Sage Weil, founder and CTO, Inktank.
"We believe our open storage technologies will be critical in the management of data in the coming era of cloud computing. Joining Red Hat will no doubt lead to tremendous innovation that will ultimately serve the industry well and answer the demand for open storage solutions fully integrated with existing and emerging data center architectures such as OpenStack."
"We're thrilled to welcome Inktank to the Red Hat family," added Brian Stevens, executive vice president and CTO, Red Hat.
"They have built an incredibly vibrant community that will continue to be nurtured as we work together to make open the de facto choice for software-defined storage. Inktank has done a brilliant job assembling a strong ecosystem around Ceph and we look forward to expanding on this success together. The strength of these world-class open storage technologies will offer compelling capability as customers move to software-based scale-out storage systems."