Cloud News

Most significant tech acquisition of 2018 will unlock true value of cloud for business

IBM and Red Hat to provide open approach to cloud, featuring unprecedented security and portability across multiple clouds

IBM Changes Cloud Landscape with Red Hat Acquisition

Deal accelerates IBM's high-value business model, making IBM the #1 hybrid cloud provider in an emerging $1 trillion growth market

Acquisition will be free cash flow and gross margin accretive within 12 months, accelerate revenue growth and support a solid and growing dividend

IBM to maintain Red Hat's open source innovation legacy, scaling its vast technology portfolio and empowering its widespread developer community

Red Hat to operate as a distinct unit within IBM's Hybrid Cloud team

IBM and Red Hat, the world's leading provider of open source cloud software, announced today that the companies have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion.

To meet growing demand, IBM advances on-prem private cloud with new Watson AI capabilities

IBM has announced that in less than 12 months since the release of IBM Cloud Private – an open source technology that brings cloud capabilities to organizations running on-premises IT systems – hundreds of leading enterprises worldwide have turned to the platform to help modernize their operations. They include New Zealand Police, China's Fuyao Group, Japan's Aflac Insurance, Turkey's credit bureau Kredi Kayıt Bürosu and Brazil's Fidelity National Information Services.

Watson™ Assistant enables organizations to build, deploy, and maintain virtual assistants that help businesses enhance brand loyalty and transform their client experiences by delivering proactive and personalized customer care in channels such as web, mobile, and over-the-phone.

IBM Cloud Private V3.1 brings an integrated platform for developing and managing containerized applications.

IBM Cloud Private for Data brings a robust end-to-end solution for all data and analytics needs within your enterprise.

IBM Connections Social on Cloud Basic brings a more focused feature set for those employees that do not require an expanded collaboration toolkit.

IBM Cloud Digital Learning Subscription provides access to IBM education courses to address your learning needs.