Red Hat

Friday, Apr 19, 2024 | Last Update : 11:08 AM IST

A cloud-based telecom network is considered more efficient and flexible in delivering services specially new applications at large scale in less time with reduced capital and operational expenditure. (Photo | Wikimedia Commons - Shrutuja Shirke)

Airtel partners with IBM, Red Hat to build open cloud network for 5G and other emerging technology

Airtel will build its next generation core network, analytical tools and new consumer and enterprise services on this cloud platform.

11 May 2020 8:58 PM

IBM has faced years of revenue declines as it transitions from its legacy computer hardware business into new technology products and services.

IBM seals USD 34 billion deal to buy Red Hat to boost cloud business

Red Hat specializes in Linux operating systems, the most popular type of open-source software.

10 Jul 2019 12:38 PM

The European Commission said in a statement that it had concluded the transaction would raise no competition concerns.

IBM gains unconditional EU approval for USD 34 billion Red Hat deal

IBM is looking to the deal, its biggest to date, to expand its subscription-based software offerings to counter falling software sales.

28 Jun 2019 9:17 AM

The company will divest seven of its products, including its secure device management product BigFix, marketing automation product Unica and workstream collaboration product Connections.

IBM to sell some of its software products to HCL for $1.8 billion

IBM is also in the process of buying US software company Red Hat Inc.

07 Dec 2018 1:01 PM

Palo Alto, California-based Apex.AI was founded by Jan Becker and Dejan Pangercic, veterans from automotive technology supplier Bosch Corp.

Ex-Bosch engineers aim to strengthen self-driving car software

Apex.AI plans to start releasing its software next year.

16 Nov 2018 10:20 AM

Cloud computing, in which services are delivered over the internet from remote computers, accounted for nearly a quarter of IBM’s total revenue over the past year. (Photo: AP)

IBM’s USD 34B Red Hat deal is risky bid to boost cloud business

The USD 34 billion stock deal translates to USD 190 per Red Hat share — a 63 percent premium to the closing price.

30 Oct 2018 10:16 AM

The breakup fee for the deal, which would be among the largest on record in the tech sector, has yet to be announced and a high fee would also deter Red Hat from entertaining other buyers.

Red Hat jumps, IBM shares dip on cloud mega-merger

At USD 172, shares of Red Hat were still trading around USD 18 short of the USD 190 price agreed by the two companies.

30 Oct 2018 8:51 AM

Red Hat is one of the very few companies in the cloud computing sector that has both revenue growth and free cash flow.

IBM to acquire software company Red Hat for USD 34 billion

Founded in 1993, Red Hat specializes in Linux operating systems, the most popular type of open-source software.

30 Oct 2018 8:21 AM

Red Hat OpenShift on Azure will be jointly engineered and designed to reduce the complexity of container management for customers.

Red Hat and Microsoft collaborate to offer OpenShift in the public cloud

Microsoft and Red Hat expand partnership around hybrid cloud, container management and developer productivity.

10 May 2018 8:38 AM

In addition to providing an easier way for developers to deploy their applications in containers, Red Hat and AWS are working together to more rapidly enable new AWS services with Red Hat Enterprise Linux.

Red Hat extends strategic alliance to access AWS services

The unique offering will make AWS services accessible directly within Red Hat OpenShift Container Platform

21 May 2017 7:37 PM

1 of 1

Columns

Mohan Guruswamy