US software giant buys Waterford firm for €63.5m

A Waterford-based mobile software company was yesterday bought by US open source software giant Red Hat in a deal worth €63.5m.

US software giant buys Waterford firm for €63.5m
Fri, 19 Sep, 2014 - 01:00
Peter O’Dwyer

FeedHenry which specialises in enterprise-focused mobile app platforms has agreed a deal with the US firm which it expects to close next year.

The acquisition will expand Red Hat’s portfolio of app development, integration and platform-as-a-service (PaaS) solutions, according to the company.

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