Red Hat announced that it has agreed to acquire FeedHenry, an enterprise mobile application platform provider, for approximately $82 million (€63.5 million) in cash.
The deal is pretty significant for the PaaS provider, as it broadens its foothold in enterprise mobile app development. It also reflects the growing trend toward smartphone usage, an area that research firm IDC expects to grow 19.3 percent over 2013, and that's already seeping into the enterprise.
FeedHenry's cloud-based mobile app platform enables enterprises to support mobile applications at scale, a capability that Red Hat sought in order to support mobile app development in both public and private environments.
Founded in 2010 as a spin out from the Telecommunications Software and Systems Group at the Waterford Institute of Technology, FeedHenry has an open and extensible architecture based on Node.js for client and server side mobile app development. Its platform offers developers the ability to create native (Android, iOS, Windows Phone and Blackberry), hybrid, HTML5 or Web apps. FeedHenry also integrates with mobile application and device management solutions such as AirWatch and MobileIron.
Red Hat said FeedHenry is an important addition to its JBoss xPaaS for OpenShift strategy, which it announced in September 2013, to provide a platform and services for mobile developers and applications.
"Since our inception, FeedHenry has embraced open technologies and the cloud for mobile development and management," sid Cathal McGloin, FeedHenry CEO, in a statement. "We are excited to become part of Red Hat, the leader in open source enterprise solutions, and see this as confirmation of the combined power of mobile and cloud, the mass-market adoption of mobile application and MBaaS platforms, and the growing popularity of Node.js. By joining Red Hat, we now have an opportunity to bring our leading mobile application platform to a wider audience of global customers and partners, to help them optimize for the mobile-first world."