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IBM To Buy Red Hat, the Top Linux Distributor, For $34 Billion (bloomberg.com)
International Business Machines (IBM) is acquiring software maker Red Hat in a deal valued at $34 billion, the companies said Sunday. From a report: The purchase, announced on Sunday afternoon, is the latest competitive step among large business software companies to gain an edge in the fast-growing market for Internet-style cloud computing. In June, Microsoft acquired GitHub, a major code-sharing platform for software developers, for $7.5 billion. IBM said its acquisition of Red Hat was a move to open up software development on computer clouds, in which software developers write applications that run on remote data centers. From a press release: This acquisition brings together the best-in-class hybrid cloud providers and will enable companies to securely move all business applications to the cloud. Companies today are already using multiple clouds. However, 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. IBM's and Red Hat's partnership has spanned 20 years, with IBM serving as an early supporter of Linux, collaborating with Red Hat to help develop and grow enterprise-grade Linux and more recently to bring enterprise Kubernetes and hybrid cloud solutions to customers. These innovations have become core technologies within IBM's $19 billion hybrid cloud business. Between them, IBM and Red Hat have contributed more to the open source community than any other organization.
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. IBM's and Red Hat's partnership has spanned 20 years, with IBM serving as an early supporter of Linux, collaborating with Red Hat to help develop and grow enterprise-grade Linux and more recently to bring enterprise Kubernetes and hybrid cloud solutions to customers. These innovations have become core technologies within IBM's $19 billion hybrid cloud business. Between them, IBM and Red Hat have contributed more to the open source community than any other organization.
The next version will be branded IBM(R) SystemD/2.
Henceforth, it’ll be known as “Big Blue Hat”.
#DeleteChrome
IBM hates the olds! All People aged 50+ will be fired and replaced with coders fresh out of blockchain bootcamps! Also, all operations will be moved to a shanty town in India, those not willing to take a pay cut and relocate will be replaced with Indians.
the possibilities ... OS/2 compatibility, Presentation Manager instead of Gnome/KDE, systemd for AIX?
Kanga: That's not a fish, that's a bird.
Pooh: Yes, but is it a starling or a mackeral?
Nuh uh, look at the market share of OS/2 and AIX. /s
Look on the bright side: Poettering works for Red Hat. (Reposting because apparently Poettering has mod points.)
What do you get when you add a Red Hat to Big Blue? You get a big purple hat, obviously. I wonder if they're thinking of adding an ostrich feather? Heheheh
Our reign has gone on long enough. Indeed. Summon the meteors.
Here I was, trying out some new stuff which didn't work on my Ubuntu test system. Manager looks over my shoulder and asked what it takes to get the thing running, to which I replied "we need to buy Redhat". Guess I should have added "licences".
Real news is: wow! IBM has $34b!
Slashdot, fix the reply notifications... You won't get away with it...