Sunday, September 21, 2014

Red Hat to Acquire FeedHenry for Enterprise Mobile App Platform

Red Hat agreed to acquire FeedHenry, a privately-held developer of an enterprise mobile application platform, for approximately EUR 63.5 million in cash.

FeedHenry, which is based in Waterford, Ireland, helps enterprises to accelerate mobile app backend integration via private clouds, public clouds, and on-premises systems with  connectors and plug-ins to common enterprise systems such as salesforce.com, SAP, Oracle, etc. The FeedHenry platform offers developers the flexibility to create native (Android, iOS, Windows Phone and Blackberry), hybrid, HTML5 or web apps. The platform supports a wide variety of popular toolkits including native SDKs, hybrid Apache Cordova, HTML5 and Titanium, as well as frameworks such as Xamarin, Sencha Touch, and other JavaScript frameworks.

FeedHenry was founded in 2010 as a spin out from the Telecommunications Software and Systems Group at the Waterford Institute of Technology.

Red Hat said FeedHenry expands its portfolio of application development, integration, and Platform-as-a-Service (PaaS) solutions by adding support for mobile application development in public and private environments.

“The mobile application platform is one of the fastest growing segments of the enterprise software market. As mobile devices have penetrated into every aspect of enterprise computing, enterprise software customers are looking for easier and more efficient ways for their developers to build mobile applications that extend and enhance traditional enterprise applications. FeedHenry will help us enable customers to take advantage of the capabilities of mobile with the security, scalability, and reliability of Red Hat enterprise software,” stated Craig Muzilla, senior vice president, Application Platform Business, Red Hat.

http://investors.redhat.com

http://www.feedhenry.com