Short Take: Red Hat completes acquisition of C2Net
Red Hat has completed its planned acquisition of C2Net with a closing price of $42.7 million, the company said today. The acquisition gives Red Hat access to encryption software used in the Apache Web server. Red Hat, which reports earnings tomorrow, is seeking a new chief financial officer in the wake of the July departure of Hal Covert to SGI.
Stephen Shankland Former Principal Writer
Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
Expertise Processors, semiconductors, web browsers, quantum computing, supercomputers, AI, 3D printing, drones, computer science, physics, programming, materials science, USB, UWB, Android, digital photography, science. Credentials
- Shankland covered the tech industry for more than 25 years and was a science writer for five years before that. He has deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and more.
Red Hat has completed its planned of C2Net with a closing
price of $42.7 million, the company said today. The acquisition gives Red
Hat access to encryption software used in the Apache Web server. Red Hat,
which reports earnings tomorrow, is seeking a new chief financial officer in the wake
of the July departure of Hal Covert to SGI.