IBM Closes $34B Red Hat Acquisition
16-07-2019, 09:44 - Views: 410
On July 9, IBM officially closed the staggering acquisition but senior representatives from both companies have reiterated that the cloud provider will continue to run independent from the multi-national IT company.
The move will allow Red Hat to leverage IBM resources to progress the hybrid cloud computing ambitions of the newly united entity.
Arvind Krishna, Senior Vice President for cloud and cognitive software at IBM, said: "IBM and Red Hat together will be in a better position to address Chapter Two of a continuing cloud journey.
"With 80% of applications still running in on-premises IT environments 10 years after the arrival of public clouds, it's fair to say cloud computing will become the dominant form of IT.
"Red Hat will be a crucial player in helping it's customers to achieve the common goal of using a common operating model based on distributions of Linux and Kubernetes container orchestration software. However IBM see's no need to rationalise its current middleware software portfolio, which often addresses use cases Red Hat doesn't."
In the long-run, there's a clear opportunity for both companies to further promote the adoption of a common set of DevOps practices across a hybrid cloud computing environment.
This will coincide with many other enterprise organisations, which are already moving towards extending those practices across all platforms that create these diverse IT environments.
Read the full article at - https://devops.com/ibm-closes-34b-red-hat-acquisition/
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