Red Hat made a play into the data management space today with the acquisition of Waltham, Mass.-based MetaMatrix.
On Tuesday, Red Hat senior vice president of enterprise solutions Tim Yeaton was on hand during a conference call with reporters and investors to detail what the move meant for his company and for customers looking to Red Hat for their data management needs.
Some of the specifics, from a press release issued by Red Hat to coincide with Yeaton’s conference call:
Red Hat has signed a definitive agreement to acquire the business of MetaMatrix, a leader in data management and integration software. This market is estimated to reach $1.3B in 2007 according to Forrester Research. The consummation of the transaction is subject to the satisfaction of certain conditions to closing set forth in the acquisition agreement. Once the transaction is completed, MetaMatrix will be integrated into Red Hat’s JBoss division.
While SOA offers a cost-effective opportunity to modernize legacy infrastructures and provide true interoperability across applications and software components, it alone does not resolve data access challenges and the physical and semantic differences among disparate, physical data sources. MetaMatrix eliminates these challenges with a data services layer that decouples applications from their data sources and makes valuable data assets available as services in an SOA, freeing data from single application silos. It does this while simultaneously providing mechanisms for data consistency, security and compliance.
“MetaMatrix offers what is called a federated data services layer, that makes corporate data available as a service to other applications in the environment,” Yeaton said. “What we’ve done with these announcements … is lay out an end-to-end open source infrastructure.”
Yeaton explained that much like Red Hat had done with Netscape Directory, the ultimate goal with MetaMatrix will be to move the technology to the point where it is “fully available on an open source license.” Yeaton said the open source process should take less than a year, and that Red Hat’s business model is such that it is important to get the application to that point as soon as possible. For now, however, the process will begin as a subscription based model.
The acquisition price for MetaMatrix was not disclosed by Red Hat.