m&a

Kanbay, one of the few pure play companies in the IT services space created by a group of Indian and US entrepreneurs, has finally bitten the bullet. It has decided to become a part of global services company Capgemini. Driven by a favourable response from some of the key stakeholders of Kanbay, Capgemini on Thursday made an offer to buy out all shareholders of the Nasdaq-listed, $400-m company for $1.25bn.

Way back in 2001 end, when I interacted with Marc Fleury, the dynamic Founder of JBoss, I was having a fair idea about the destiny of JBoss.

A seven plus years journey for JBoss has not been a smooth ride in the early days of skepticism surrounding Java Open Source and J2EE certification issues.

Finally after much speculation about Oracle's possible new item in its long shopping list, JBoss made RedHat its new container!

Here is how JBoss would look like now on http://www.redhat.com/about/news/prarchive/2006/jboss.html