Red Hat $82M FeedHenry Buy Boosts Mobile App Platform

In a move to compete on the mobility front, Red Hat is acquiring FeedHenry for about US$82 million. The enterprise mobile application platform provider essentially makes it possible for Red Hat to support mobile application development in public and private environments.

Red Hat has noticed the same trend every other major player in the technology industry is touting: enterprises are embracing mobile devices as the preferred way to engage and interact with customers, employees, and partners. Red Hat has also witnessed how new enterprise application software development is focused more on supporting mobile apps and devices.

EUThe mobile application platform is one of the fastest growing segments of the enterprise software market,EU said Craig Muzilla, Senior Vice President of Application Platform Business at RedHat. EUAs 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.EU

A Top Concern for IT

Market research firm IDC predicts 1.2 billion smartphones will ship in 2014. ThatEUs a 19.3 percent growth over 2013 and represents a significant shift. With that in mind, Red Hat sees mobile application platforms becoming more critical for the efficient development and deployment of backend services for enterprise mobile apps.

So where does FeedHenry fit in? FeedHenry is a cloud-based mobile application platform that makes it possible for enterprises to support enterprise mobile applications at scale, complete with centralized security, notification and integration services. IDC predicts the mobile application platform market will grow at at 38.7 percent compound annual growth rate from $1.4 billion in 2013 to $4.8 billion by 2017.

"Building and deploying useful mobile apps is rapidly becoming a top concern for IT, as mobile apps bring competitive advantages to most businesses through improved information flow, faster...

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