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Red Hat, Cisco expand virtual effort

By Associated Press
June 24, 2010

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Red Hat Inc. and Cisco Systems Inc. said yesterday they expanded their “virtualization’’ partnership — the term for technology that lets one computer act like several.

The companies said they are expanding their relationship by integrating Cisco’s virtual network link technology with Red Hat’s enterprise virtualization technology.

The companies said the move will give customers better network performance while lowering costs associated with rolling out virtual data centers.

Shares of Red Hat, an open-source software firm, rose 50 cents to $31.36. Shares of Cisco fell 11 cents to $22.86.