Data storage business Noobaa, which counts Akamai and OurCrowd among its shareholders, has been acquired by Red Hat.

Open-source software company Red Hat agreed yesterday to acquire Noobaa, a US-based data storage technology developer backed by content delivery network Akamai. Founded in 2013, Noobaa has developed a platform which enables data to be transferred from one cloud to another and allows users to manage data stored in both private and public infrastructures including…

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