The acquisition will make IBM the leading provider of hybrid cloud solutions. IBM and Red Hat will deepen their collaboration and jointly deliver the Next-Generation Hybrid Multicloud Platform

Joining forces with IBM gives Red Hat the opportunity to bring more open source innovation to an even broader range of organizations and will enable us to scale to meet the need for hybrid cloud solutions that deliver true choice and agility.

Jim Whitehurst – President and CEO, Red Hat

Red Hat will remain a distinct unit in IBM. IBM is committed to preserving Red Hat’s independence and neutrality and will continue to support and promote the open source community.

The official press release can be found here: Press Release

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