Red Hat has bought open source company JBoss for $350m. JBoss - an Open Source J2EE based application server implemented in pure Java - has modelled its business on Red Hat's subscription, and has time and time again re-affirmed its commitment to the open source movement. Rumours of a sale of the company have been circulating for some time.

JBoss CEO Marc Fleury said: "By joining forces with Red Hat, we expect to be able to provide enterprises with the largest offering of open source solutions, a global services network staffed by technology experts, and a large and vibrant eco-system of certified products and services."