Home

Nov 2, 2018

IT giant buys Red Hat for 280 billion


Major investment in cloud development for companies.

The giant IBM has announced that they buy up the open source company Red Hat for a price tag that exceeds just over NOK 280 billion. Reuters reports that this acquisition is the largest IBM ever made.

Category:IT 

Major investment in cloud development for companies.

The giant IBM has announced that they buy up the open source company Red Hat for a price tag that exceeds just over NOK 280 billion. Reuters reports that this acquisition is the largest IBM ever made.

Leading provider of open software
Red Hat offers software and services to businesses focusing on cloud services and Linux servers. In 2012, the company reached a milestone by being the first open source company to hit a billion dollars in revenue.

The company now becomes part of IBM's so-called hybrid cloud department, with a major focus being on allowing many more companies to implement online measures and that there is a big shift in today's solutions that, according to IBM, are not safe and furthermore cumbersome.

Red Hat boss Jim Whitehurst comments that the acquisition will allow the business to reach a much larger audience and that this will not adversely affect the company's great ambition to offer open source innovation.

authorarticle: Master3395

image: 

sources: The Verge, IBM, press release

keywords: open source, ibm, open source, red hat, redhat

Previous Article
Next Article
Discord

SnippetMgr Module - Error: Unknown snippet: Login!!

Page 1 of 508  >  >>

Browser makers cite coronavirus, restore support for obsolete TLS 1.0 and 1.1 encryption

https.jpg

Apr 9, 2020 | Category: General | Comments

Long-in-the-tooth Transport Layer Security (TLS) 1.0 and 1.1 encryption is getting a temporary reprieve from Google, Microsoft, and Mozilla.

read more…

Download the important iPhone update

facetime.png

Apr 8, 2020 | Category: Apple | Comments

Fixes FaceTime against older devices.

read more…

All macs is affected: It is not just Microsoft that fails to provide quality-assured updates

mac.jpg

Apr 7, 2020 | Category: Apple | Comments

macOS 10.15.4 creates major problems for many. Make sure you copy a lot.

read more…

Page 1 of 508  >  >>