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IBM buys Red Hat for hybrid cloud dominance

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

The post IBM buys Red Hat for hybrid cloud dominance appeared first on NextBigFuture.com.


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