Red Hat will donate $551.9 million in software subscriptions to Boston University to help drive innovation for several key open source projects that form an open research cloud initiative.

The subscriptions, which will be distributed over a three-year period, will help grow a series of interrelated projects that form an open research cloud initiative, including the Mass Open Cloud (MOC); New England Research Cloud (NERC); Northeast Storage Exchange (NESE); Open Cloud Testbed (OCT); and Open Storage Network (OSN).

Read more in this Press Release from Businesswire