Red Hat Acquires Bluecurve for Performance Management Solutions

Red Hat, Inc., a leading provider of open source Internet infrastructure solutions, has announced that it will purchase privately-held Bluecurve, Inc. for up to 1,257,862 shares of Red Hat common stock. The acquisition will allow Red Hat to offer a powerful, open source, performance management service to help companies build and manage scalable Internet infrastructures. The new Web-based service will be offered as a subscription through redhat.com. In the meantime, Red Hat will support existing customers and offer Bluecurve's solutions in their current form. The acquisition is expected to be completed by July 2000, subject to approval by Bluecurve shareholders and customary closing conditions.