HomeContentNewsRed Hat helps customers build, run and manage containerized applications

Red Hat helps customers build, run and manage containerized applications

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In a major move, Red Hat has announced acquisition of a containerization company CoreOS, which commercializes a product based on Google’s open-source Kubernetes technology. This $250 million deal is expected to bring momentum to a Google-created technology used by companies to manage software running in data centers and in the cloud.

The move gives Red Hat a prominent name to keep commercializing hot open-source software as part of its offering. Red Hat’s core business is taking open-source products, such as the Linux operating system, which are collectively created by a large public community and selling support and customization services around them.

CoreOS was built to commercialize an open-source product by the same name. Container technology is a key part of a Google-developed open-source technology called Kubernetes. In a publicly made statement, the company said, “By combining CoreOS’s complementary capabilities with Red Hat’s already broad Kubernetes and container-based portfolio, including Red Hat OpenShift, we at Red Hat aim to further accelerate adoption and development of the industry’s leading hybrid cloud platform for modern application workloads.”

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CoreOS has 130 employees, who are joining Red Hat, and has raised $50 million, according to CrunchBase, the bulk of it from Alphabet’s venture arm GV, formerly known as Google Ventures.

“The next era of technology is being driven by container-based applications that span multi- and hybrid cloud environments, including physical, virtual, private cloud and public cloud platforms. We believe this acquisition cements Red Hat as a cornerstone of hybrid cloud and modern app deployments,” said Paul Cormier, president, Products and Technologies, Red Hat.  Read more…

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