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News Link • Business/ Commerce

IBM buys Red Hat for hybrid cloud dominance

• https://www.nextbigfuture.com by Brian Wang

IBM is buying Red Hat to become the number one hybrid cloud provider. Red Hat is the world's leading provider of open source cloud software. It is a $34 billion deal.

Research shows that 80 percent of business workloads have yet to move to the cloud, held back by the proprietary nature of today's cloud market. This prevents portability of data and applications across multiple clouds, data security in a multi-cloud environment and consistent cloud management.

IBM and Red Hat will be strongly positioned to address this issue and accelerate hybrid multi-cloud adoption. Together, they will help clients create cloud-native business applications faster, drive greater portability and security of data and applications across multiple public and private clouds, all with consistent cloud management. In doing so, they will draw on their shared leadership in key technologies, such as Linux, containers, Kubernetes, multi-cloud management, and cloud management and automation.

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