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© 2026 Benzinga | All Rights Reserved
November 27, 2018 9:25 AM 7 min read

Red Hat Acquires Hybrid Cloud Data Management Provider NooBaa

by Business Wire
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Red Hat enhances portfolio of hybrid cloud technologies with a unified data platform for distributed hybrid and multicloud environments

Red Hat, Inc. (NYSE:RHT), the world's leading provider of open source solutions, today announced that it has acquired NooBaa, an early stage company developing software for managing data storage services across hybrid and multicloud environments. The addition of NooBaa's data management technology augments Red Hat's existing portfolio of hybrid cloud offerings and helps advance Red Hat's position as a leading provider of open hybrid cloud technologies.

According to industry analyst firm Gartner, "The landscape of cloud adoption is one of hybrid clouds and multiclouds. By 2020, 75 percent of organizations will have deployed a multicloud or hybrid cloud model."1 As these heterogeneous environments become a de facto standard for modern workloads, they can lead to a proliferation of disparate data silos that increase the complexity of managing and scaling cloud-native applications.

NooBaa was founded in 2013 to address the need for greater visibility and control over unstructured data spread throughout these distributed environments. To achieve this, the company developed a data platform designed to serve as an abstraction layer over existing storage infrastructure. This abstraction not only enables data portability from one cloud to another, but allows users to manage data stored in multiple locations as a single, coherent data set that an application can interact with.

NooBaa's technologies complement and enhance Red Hat's portfolio of hybrid cloud technologies, including Red Hat OpenShift Container Platform, Red Hat OpenShift Container Storage and Red Hat Ceph Storage. Together, these technologies are designed to provide users with a set of powerful, consistent and cohesive capabilities for managing application, compute, storage and data resources across public and private infrastructures.

Supporting Quotes

Ranga Rangachari, vice president and general manager, Storage and Hyperconverged Infrastructure, Red Hat
"Data portability is a key imperative for organizations building and deploying cloud-native applications across private and multiple clouds. NooBaa's technologies will augment our portfolio and strengthen our ability to meet the needs of developers in today's hybrid and multicloud world. We are thrilled to welcome a technical team of nine to the Red Hat family as we work together to further solidify Red Hat as a leading provider of open hybrid cloud technologies."

Enrico Signoretti, research analyst, Gigaom
Multi-Cloud Object Storage and Data Mobility: A GigaOm Market Landscape Report
"Cloud object storage is becoming increasingly relevant in enterprise due to its intrinsic capabilities: global data distribution, data durability, unmatched scalability into the exabytes, and overall cost-effectiveness. Solutions are easy to adopt, as they are offered by public cloud providers or on-premises. Data is accessed through standard HTTP-based protocols and can be written and retrieved anywhere from any device. However, making data accessible to all remote and local applications and users securely, at a low latency across multiple clouds, is still very challenging. This leads to a rise of application complexity, higher costs, and limited freedom in the execution of a multi-cloud strategy."2

Additional Resources

Connect with Red Hat

About Red Hat, Inc.

Forward-Looking Statements

1 Source: Gartner, "Market Insight: Making Lots of Money in the New World of Hybrid Cloud and Multicloud," Sept. 7, 2018, Gartner #G00364355, available at gartner.com.

Red Hat, Ceph, and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181127005548/en/

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Red Hat is the world's leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

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; risks related to errors or defects in our offerings and third-party products upon which our offerings depend; risks related to the security of our offerings and other data security vulnerabilities; fluctuations in exchange rates; changes in and a dependence on key personnel; 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; 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 Quarterly Report on Form 10-Q (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.

2 Source: Gigaom, "Multi-Cloud Object Storage and Data Mobility: A GigaOm Market Landscape Report," October 2018.

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