IBM will acquire open-source cloud software company Red Hat

IBM announced that it will acquire open-source software company RedHat for $ 34 billion this afternoon. This agreement will help IBM expand its position as an enterprise cloud computing provider.

Red Hat is a leading provider of open source software and services for enterprise customers focused on cloud computing and Linux servers. In 2012, we became the first company to offer more than $ 1 billion of open source software. It will now be included in IBM's hybrid cloud segment.

IBM has found that through its services more and more companies can switch jobs online and that the proprietary nature of existing cloud systems makes it more difficult to move and secure data between systems.

IBM has announced that the acquisition will enable the expansion of cloud computing products. Ginni Rometty, chairman, president and chief executive officer, said, "Most businesses today are leasing only 20 percent of their travel to the cloud, with the ability to cut costs [computer]. White White, president and chief executive officer of Red White, will allow his company to reach far more customers, and according to the company's ""

IBM CBNC reported that IBM recently had a poor performance recently. Ranging from Microsoft and Amazon's own enterprise cloud business. Being a major hardware manufacturer, the company has shifted its focus from the 1990s to focus on enterprise and web hosting services.

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