Red Hat has reached a deal to acquire Irish enterprise mobile application platform provider FeedHenry for approximately €63.5 million (or roughly $81.8M USD), the companies announced Thursday. The acquisition enables Red Hat to support mobile application development in both public and private clouds.
FeedHenry’s Node.js architecture is open and extensible, and the platform is flexible enough to create native apps for the major mobile ecosystems, hybrid, HTML5, or web apps. It supports a wide variety of popular toolkits and frameworks, and simplifies backend integration with business systems. It integrates with management solutions like AirWatch and MobileIron, and will extend Red Hat’s JBoss xPaaS for OpenShift mobile development and application capabilities.
A 2013 report by IDC predicted the mobile application platform market will grow from $1.4 billion in 2013 to $4.8 billion by 2017.
“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,” FeedHenry CEO Cathal McGloin said.
“The mobile application platform is one of the fastest growing segments of the enterprise software market,” said Craig Muzilla, SVP, Application Platform Business for Red Hat. “As 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. FeedHenry will help us enable customers to take advantage of the capabilities of mobile with the security, scalability, and reliability of Red Hat enterprise software.”
Enterprises adoption of mobile applications is expected to create a number of opportunities as well as challenges. Earlier this week Gartner released a report claiming that 75 percent of mobile breaches through 2017 will result from app misconfigurations.