Browsing Tag

Jim Whitehurst

IBM Transforms its Software to be Cloud-Native and Run on Any Cloud with Red Hat

IBM Software Products Now Cloud-Native for Public and Private Clouds- Enterprises Can Now Build Mission-Critical Applications Once and Run Them on All Leading Public Clouds or Private Clouds- Sprint, Societe Generale, Associated Bank, Primerica, Ilmarinen and Fiducia & Gad It AG Turn to Ibm and Red Hat to Transform Their Business for the Cloud Era IBM announced that it has transformed its software portfolio to be cloud-native and optimized it to run on Red Hat OpenShift. Enterprises can now build mission-critical…

IBM Closes Landmark Acquisition of Red Hat for $34 Billion; Defines Open, Hybrid Cloud Future

Together, IBM and Red Hat Will Deliver Next-Generation Hybrid Multicloud Platform IBM and Red Hat announced that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion. The acquisition redefines the cloud market for business. Red Hat’s open hybrid cloud technologies are now paired with the unmatched scale and depth of IBM’s innovation and industry expertise, and…