IBM Completes Its Acquisition Of Red Hat
Written by Michael Larabel in Red Hat on 9 July 2019 at 08:45 AM EDT. 32 Comments
RED HAT --
After announcing the deal last October, IBM today closed on its acquisition of Red Hat.

IBM is now officially in control of Red Hat. In today's press announcement they reaffirm it's part of their cloud play, "Together, IBM and Red Hat will unlock the true value of hybrid cloud. By combining the power and flexibility of Red Hat’s open hybrid cloud technologies with the scale and depth of IBM’s innovation and industry expertise, customers now have access to the tools needed to accelerate their cloud journey."

With this $34 billion (USD) acquisition, IBM says they will still let Red Hat retain its independence and neutrality, continue the same development model, Jim Whitehurst will continue to lead Red Hat, and IBM will maintain the existing Red Hat headquarters/facilities/brands/practices.

More details in today's press release.
About The Author
Author picture

Michael Larabel is the principal author of Phoronix.com and founded the site in 2004 with a focus on enriching the Linux hardware experience. Michael has written more than 10,000 articles covering the state of Linux hardware support, Linux performance, graphics drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and OpenBenchmarking.org automated benchmarking software. He can be followed via Twitter or contacted via MichaelLarabel.com.

Related Red Hat News
Popular News This Week