Post-$34 billion acquisition by IBM, Red Hat bets big on India
After the International Business Machines Corp. (IBM) completed the acquisition of Red Hat for $34 billion earlier this month, a top executive from the iconic software company with an open source development model has said that it was a "match made in heaven" that will help it accelerate growth globally, including in India.
In India, Red Hat, which specialises in Linux operating systems, has engineering facilities in Pune and Bengaluru.
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Founded in 1993, Red Hat is credited for bringing open source -- including technologies like Linux, Kubernetes, Ansible, Java and Ceph, among others -- into the mainstream for the enterprises.
Today, Red Hat products and services are widely used by government agencies as well as emerging companies in technology, finance, healthcare, civil aviation and other industries.
Armonk, New York-headquartered IBM particularly hopes that Red Hat's open hybrid Cloud technologies would help it position itself as a leading hybrid Cloud provider.
"At the core of what we do is turning projects in the open source communities into products because at the end of the day, our customer is an enterprise software customer," Allessio said.
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