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Red Hat acquires Inktank for $175M

Red Hat - Open-source enterprise software firm Red Hat said Wednesday it has inked a $175 million cash deal to acquire Inktank, a provider of scale-out, open-source storage systems. 

Inktank is best known for its flagship technology Ceph, an enterprise system that delivers object and block storage software for deployments in public or private clouds. Red Hat plans to use Inktank’s expertise in this area to position itself as the go-to source for open software-defined storage.