Promoted | Technology is progressing exponentially and, with the arrival of local hyperscale availability, the cloud brings significant opportunities to the commercial industry.
Browsing: Red Hat
In July 2017, IBM executive Arvind Krishna walked into a routine meeting with senior leaders and delivered a surprise pitch that changed the course of the iconic 108-year-old company’s future.
IBM has named Arvind Krishna as chief executive officer, replacing longtime CEO Ginni Rometty. She will be remembered for two main things: shrinking sales and initiating IBM’s third major transformation.
In IBM’s vision of cloud computing, Amazon.com and Microsoft will be allies rather than rivals.
IBM closed its $34-billion purchase of Red Hat, sealing the world’s second largest technology deal ever and setting up the US technology company on a path to try and compete with top software purveyors in the cloud.
When Satya Nadella took over as CEO in 2014, more than a decade of developer defections had left the company in a weak position. All that has changed in dramatic fashion.
IBM just made the cloud computing war far more interesting. It’s not an easy sell, but IBM and Red Hat certainly make a more compelling cloud computing alternative.
IBM’s purchase of Red Hat is a $33-billion bid aimed at catapulting the company into the ranks of the top cloud software competitors.
IBM has announced it will buy Red Hat, the world’s biggest Linux company, for $34-billion. That’s more than a quarter of IBM’s market capitalisation, and comes as the legacy computer giant tries to play catch-up in cloud computing.
Microsoft’s part in a US$70m investment in CyanogenMod has raised many eyebrows: why is Microsoft investing in a popular version of the Android mobile phone operating system when it has its own competing Windows Phone