fb-pixelRed Hat buys FuseSource from Progress Software in Bedford - The Boston Globe Skip to main content

Red Hat buys FuseSource from Progress Software in Bedford

Red Hat Inc. said Wednesday that it will buy FuseSource Corp., an open source software company that is a subsidiary of Bedford’s Progress Software Corp., for an undisclosed sum.

Progress Software, one of the biggest and oldest technology companies in Massachusetts, laid off 15 percent of its workforce this year and has said it would cut several product lines in an effort to become a leaner company. Progress Software is a business infrastructure software company.

Red Hat, which is headquartered in Raleigh, N.C., and has its technology and products division in Westford, provides open-source Linux operating software to enterprise clients.

“This is a technology tuck-in that accelerates work that we are already doing,” said Paul Cormier, president of Red Hat’s Westford office.

Advertisement



The deal is Red Hat’s second acquisition in nine months. In October, it bought Gluster Inc., a Sunnyvale, Calif., open-source data storage company, for $136 million. The FuseSource announcement came during the annual Red Hat Summit in Boston.

“Red Hat and FuseSource are completely aligned in their vision for open source,” said Larry Alston, president of FuseSource, in a statement.

A Progress Software spokeswoman said the sale of FuseSource is part of the company’s effort to focus on its core business of application development and deployment.


Michael B. Farrell can be reached at michael.farrell@globe.com.