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 * Press releases
   
 * Red Hat Acquires Permabit Assets, Eases Barriers to Cloud Portability...


RED HAT ACQUIRES PERMABIT ASSETS, EASES BARRIERS TO CLOUD PORTABILITY WITH DATA
DEDUPLICATION TECHNOLOGY

Red Hat to enhance cloud-native and Linux container solutions with Red Hat
Enterprise Linux-ready data deduplication and compression portfolio from
Permabit


RALEIGH, N.C. - July 31, 2017 —

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source
solutions, today announced that it has acquired the assets and technology of
Permabit Technology Corporation, a provider of software for data deduplication,
compression and thin provisioning. With the addition of Permabit’s data
deduplication and compression capabilities to the world’s leading enterprise
Linux platform, Red Hat Enterprise Linux, Red Hat will be able to better enable
enterprise digital transformation through more efficient storage options.

> Icon-Red_Hat-Media_and_documents-Quotemark_Open-B-Red-RGB
> 
> With the addition of Permabit’s data deduplication and compression tools to
> Red Hat Enterprise Linux, Red Hat will be ready to support these organizations
> as they seek to derive a more efficient storage footprint to power business
> innovation.
> 
> 
> 
> Jim Totton
> 
> vice president and general manager, Red Hat

As more enterprises move towards adopting the efficiencies offered by digital
technologies like Linux containers and cloud computing, being able to run these
services and store the resulting data requires new storage needs outside of what
is offered by traditional storage technologies. Storage efficiency is a key
piece in addressing these needs, particularly with the emergence of
hyperconverged infrastructure (HCI) which blends storage and compute onto a
single x86 server. Enterprise-class, open source solutions can help to address
the storage challenges posed by these digitally transformative technologies by
using software to increase the amount of storage available to applications
without increasing the amount of physical storage.

With Permabit’s technology, Red Hat can now bring powerful data deduplication
and compression features into Red Hat Enterprise Linux itself, which will also
enhance capabilities across Red Hat’s hybrid cloud and storage technologies,
including Red Hat OpenStack Platform, Red Hat OpenShift Container Platform and
Red Hat Storage. Consistent with its commitment to delivering fully open source
solutions and upstream-first innovation, Red Hat plans to open source Permabit’s
technology. This will enable customers to use a single, supported and fully-open
platform to drive storage efficiency, without having to rely on heterogeneous
tools or customized and poorly-supported operating systems.

The transaction is expected to have no material impact to Red Hat’s guidance for
its second fiscal quarter ending Aug. 31, 2017, or fiscal year ending Feb. 28,
2018.

Supporting Quote

Jim Totton, vice president and general manager, Red Hat

“Digitally-transformative technologies, including cloud infrastructure, Linux
containers and hyper-converged infrastructure, require enterprises to re-examine
overlooked or previously commoditized technology decisions, especially storage,
to gain as many efficiencies as possible for business evolution. With the
addition of Permabit’s data deduplication and compression tools to Red Hat
Enterprise Linux, Red Hat will be ready to support these organizations as they
seek to derive a more efficient storage footprint to power business innovation.”

In short

Consistent with its commitment to delivering fully open source solutions and
upstream-first innovation, Red Hat plans to open source Permabit’s technology.

Mentioned in this article

Red Hat Enterprise Linux

Red Hat OpenShift Container Platform

Red Hat OpenStack Platform

Red Hat Storage

For more information

www.redhat.com

Contact Red Hat PRIcon-Red_Hat-Directional-A-Black-RGB
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 * About Red Hat

 * Red Hat is the world's leading provider of open source software solutions,
   using a community-powered approach to provide reliable and high-performing
   cloud, Linux, middleware, storage and virtualization technologies. Red Hat
   also offers award-winning support, training, and consulting services. As a
   connective hub in a global network of enterprises, partners, and open source
   communities, Red Hat helps create relevant, innovative technologies that
   liberate resources for growth and prepare customers for the future of IT.
   Learn more at http://www.redhat.com.



 * Forward-Looking Statements

 * Certain statements contained in this press release may constitute
   "forward-looking statements" within the meaning of the Private Securities
   Litigation Reform Act of 1995. Forward-looking statements provide current
   expectations of future events based on certain assumptions and include any
   statement that does not directly relate to any historical or current fact.
   Actual results may differ materially from those indicated by such
   forward-looking statements as a result of various important factors,
   including: risks related to the ability of the Company to compete
   effectively; the ability to deliver and stimulate demand for new products and
   technological innovations on a timely basis; delays or reductions in
   information technology spending; the integration of acquisitions and the
   ability to market successfully acquired technologies and products;
   fluctuations in exchange rates; the effects of industry consolidation;
   uncertainty and adverse results in litigation and related settlements; the
   inability to adequately protect Company intellectual property and the
   potential for infringement or breach of license claims of or relating to
   third party intellectual property; risks related to data and information
   security vulnerabilities; changes in and a dependence on key personnel; the
   ability to meet financial and operational challenges encountered in our
   international operations; and ineffective management of, and control over,
   the Company's growth and international operations, as well as other factors
   contained in our most recent Annual Report on Form 10-K (copies of which may
   be accessed through the Securities and Exchange Commission's website at
   http://www.sec.gov), including those found therein under the captions "Risk
   Factors" and "Management's Discussion and Analysis of Financial Condition and
   Results of Operations". In addition to these factors, actual future
   performance, outcomes, and results may differ materially because of more
   general factors including (without limitation) general industry and market
   conditions and growth rates, economic and political conditions, governmental
   and public policy changes and the impact of natural disasters such as
   earthquakes and floods. The forward-looking statements included in this press
   release represent the Company's views as of the date of this press release
   and these views could change. However, while the Company may elect to update
   these forward-looking statements at some point in the future, the Company
   specifically disclaims any obligation to do so. These forward-looking
   statements should not be relied upon as representing the Company's views as
   of any date subsequent to the date of this press release.



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