Acquisition of Red Hat for $34 billion is one of the largest in the history of IBM and also the third largest acquisition in tech space across the world.
IBM is seeking to expand its subscription-based software offerings via the deal, its biggest to date, to counter slowing software sales and waning demand for mainframe servers.
The IBM-Red Hat deal is expected to give the new entity more teeth against AWS, Google, Microsoft and VMware in the hybrid cloud space.
IBM, which has a market capitalization of $114 billion, will pay $190 per share in cash for Red Hat, a 63 percent premium to Friday's closing share price.
The open source software company is also betting on neighbouring Bangladesh and Sri Lanka, as public and private sectors increasingly adopt open source software.
IT firm Red Hat is actively looking at investing in start-ups working on innovation, infrastructure and open source technologies to further accelerate its growth in the country
In less than a year, San Francisco startup DCHQ Inc. has moved from company and product launch to user acquisition, a partnership with Red Hat ...
Shares of Nucleus Software Exports climbed 14 percent intraday Tuesday on collaboration with Red Hat, the world's leading provider of open source solutions.
Red Hat Enterprise Linux 6.5 optimises performance, stability and scalability across physical, virtual and cloud environments.
Syncro CS supports Red Hat Enterprise Linux and SUSE Linux Enterprise Server.
Hungama selects Red Hat for its new platform solution to deliver value-added services with a much lower total cost of ownership.
Red Hat formally launches its Red Hat OpenStack Cloud Infrastructure Partner Network and Red Hat OpenStack Certification.
Red Hat also announced the establishment of its Red Hat OpenStack Cloud Infrastructure Partner Network, focused on building a robust ecosystem around the Red Hat OpenStack distribution.
With the OpenStack Design Summit in full swing, much deserved attention is going to infrastructure—which is to say the on-premise foundation for operating systems such as Red Hat Enterprise Linux.
GlusterFS support for OpenStack enables OpenStack cloud developers and operators to use GlusterFS to support the three primary OpenStack storage modes.
The products are based on technologies acquired from FuseSource in Sept. 2012 and are designed to enhance Red Hat's enterprise integration and messaging capabilities.
Ranga Rangachari, Vice President and General Manager, Red Hat Storage, comments on this association.
The certification of Oracle 11gR2 on Red Hat Enterprise Linux 6.2 for IBM System z allows Red Hat, Oracle, and IBM to extend the ecosystems they are able to support and provide to their customers.
Red Hat and IBM's Linux Technology Center demonstrate the virtualisation capabilities of Red Hat Enterprise Linux with KVM running on top of System x hardware with a DB2 database.
This alliance has been fueled by more than a decade of collaboration and joint solution development.
Red Hat Enterprise Linux 5.9 maintains backwards compatibility with hardware and software platforms across the lifecycle of Red Hat Enterprise Linux 5.
ManageIQ's Enterprise Cloud Management and Automation Technologies extend the reach of Red Hat's Open Hybrid Cloud Solutions.
Expanding its cloud footprint, Red Hat delivers an update to its open hybrid cloud management platform with the availability of Red Hat CloudForms 1.1.
The certification marks the latest milestone in a 15-year alliance formed to help simplify deployments of SAP applications on physical Red Hat servers, in virtualised environments.
Red Hat Enterprise Virtualization 3.1 globally available with new features spanning scalability, networking and storage, including integration with Red Hat storage.