The sum paid in this transaction is $136 million USD (99 million EUR)

Oct 18, 2011 13:30 GMT  ·  By

Red Hat has just announced that it will buy Gluster for the whopping sum of $136 million USD (99 million EUR), thus providing its operating system with support for cloud storage.

"The explosion of big data and the new paradigm of cloud computing are converging, forcing IT to re-think storage investments that are cost-effective, manageable and scale for the future” said Brian Stevens, CTO and vice president, Worldwide Engineering at Red Hat.

Gluster is a provider of scale-out, open source storage solutions for standardizing the management of unstructured data. Founded in 2005, Gluster's goal was to simplify storage using open source software and commodity hardware.

The heart of Gluster is GlusterFS, a software-only, scale-out storage system. It allows enterprises to combine large numbers of commodity storage, and compute resources into a high-performance, centrally-managed and globally-accessible storage pool.

The transaction will be finalized by the end of this month.