Friday, October 16, 2015

Ansible Acquired By Red Hat For Around $100M

Santa Barbara-based Ansible, a developer of IT automation software, has been acquired by Red Hat, to help bolster Red Hat's management capabilities for hybrid and OpenStack clouds, and container-based services. Financial terms of the buy were not disclosed, however, reports say the deal was worth around $100M. Ansible was venture backed by Menlo Ventures, and was led by Michael DeHaan. Ansible had only raised around $6M in funding. DeHaan had previously worked at Red Hat. The acquisition is one of a string of cloud and enterprise software acquisitions in Southern California over the last couple of years, including the acquisition of fellow Santa Barbara company Eucalyptus by HP (another $100M deal), the acquisition of Los Angeles-based Inktank for around $175M, also by Red Hat, and the acquisition about a year ago of Pasadena's Metacloud by Cisco.

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