IBM (IBM), Red Hat (RHT) Enter Expanded Could Collaboration
- Top 10 News for 10/17 - 10/21: Merger Rumors Abound; CEOs Depart; Tesla Kicks Autopilot Up A Notch
- Wall Street ends little changed; Microsoft hits record
- AT&T (T) in Advanced Talks to Acquire Time Warner (TWX) - DJ
- Rockwell Automation (ROK) Said to Attract Takeover Interest from Schneider Electric - Source
- British American Tobacco Offers to Acquire Remaining Shares of Reynolds American (RAI) for $56.50/Share
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
IBM (NYSE: IBM) and Red Hat, Inc. (NYSE: RHT), a leading provider of open source solutions, announced enhancements and growth in their long-standing alliance to better help clients embrace hybrid cloud. Through joint engineering and deeper product collaboration, the two companies plan to deliver solutions built on key components of Red Hat's portfolio of open source products, including Red Hat Enterprise Linux, Red Hat Virtualization, and Red Hat Enterprise Linux High Availability offerings. This move will help position IBM Power Systems as a featured component of Red Hat's hybrid cloud strategy spanning platform infrastructure located both on and off premises.
IBM and Red Hat have a long tradition of innovation to advance product offerings across IBM platforms. Through expanded collaboration both in upstream technologies and product development, the companies aim to enable greater compatibility between their respective platforms, bringing Red Hat's offerings to clients who previously worked in distributed environments. Specifically, IBM and Red Hat are working together to build functionality and jointly engineer solutions across IBM Power Systems and productized in the Red Hat portfolio by:
- Enabling Red Hat solutions on IBM's next-generation Power Systems;- Introducing new high performance computing (HPC) capabilities for leading edge research deployments;- Developing high availability capabilities for Power Systems.
"Red Hat believes that the next generation of applications and hybrid cloud services will be powered by modern, hyperscale hardware and software that span both public clouds, like IBM Cloud, and on-premise platforms," said Jim Totton, vice president and general manager, Platforms Business Unit, Red Hat. "Red Hat and IBM are expanding their long-standing alliance to address this opportunity. Through joint engineering and deeper product collaboration, we are excited to deliver world-class solutions built on Red Hat's portfolio of enterprise open source solutions and IBM's Power Systems platform."
"Clients choose open source capabilities to achieve new levels of agility and flexibility in their hybrid cloud environments, but they need access to optimal support," said Scott Crowder, CTO, IBM Systems. "Clients have long turned to Red Hat and IBM to support their enterprise computing needs. Now, we are expanding that relationship with Red Hat to provide new systems designed for enterprise-grade open source solutions that go far beyond what commodity infrastructure has offered."
To learn more about the IBM Systems portfolio, visit the blog.
To learn more about Red Hat's open hybrid cloud portfolio, visit http://www.redhat.com/.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midstates Petroleum (MPO) Completes Ch. 11 Bankruptcy; Will Trade Under 'MPO'
- UPDATE: 21Vianet Group (VNET) Shares Active; Enters IoT Pact with IBM for China
- Bristol-Myers Squibb (BMY) Announces FDA Acceptance of Opdivo sBLA as Treatment for Adv. Bladder Cancer
Create E-mail Alert Related CategoriesCorporate News, Management Comments
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!