Red Hat Acquisition Gives IBM A Much-Needed Booster Shot of Open Source And Cloud DNA - News Summed Up

Red Hat Acquisition Gives IBM A Much-Needed Booster Shot of Open Source And Cloud DNA


By Chris Gardner, Senior AnalystYesterday, IBM announced its intention to purchase Red Hat for $34B. Both companies have a long track record of creating and contributing to OSS projects, with Red Hat in particular being the most successful Linux-driven company ever. However, in Forrester’s recent evaluations of public cloud development-only platforms and enterprise container platforms, both IBM and Red Hat performed very well respectively. That said, Red Hat knows how to drive revenue out of open source better than anyone. Dave Bartoletti, Vice President, Principal Analyst, Jeffrey Hammond, Vice President, Principal Analyst, Christopher Condo, Senior Analyst, Stephen Powers, Vice President, Group Director, Michael Facemire, Vice President, Principal Analyst, and John Rymer, Vice President, Principal Analyst all contributed to this post.


Source: Forbes October 29, 2018 17:15 UTC



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