Red Hat spent 250 million acquisition of CoreOS
Red Hat has announced the acquisition of CoreOS, a provider of Kubernetes and container native solutions. CoreOS is widely known for it’s Tectonic, an enterprise-class Kubernetes platform. Tectonic is designed to provide the automation and agility to migrate across private and public cloud providers. This acquisition is expected to involve 250 million U.S. dollars.
Paul Cormier, president, Products and Technologies, Red Hat said:
“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. Kubernetes, containers, and Linux are at the heart of this transformation, and, like Red Hat, CoreOS has been a leader in both the upstream open source communities that are fueling these innovations and its work to bring enterprise-grade Kubernetes to customers. We believe this acquisition cements Red Hat as a cornerstone of hybrid cloud and modern app deployments.”
Red Hat will combine the capabilities of CoreOS with its Kubernetes and container-based product portfolio, including Red Hat OpenShift.
Other CoreOS solutions include Quay for Enterprise Container Registries, Container Linux for lightweight Linux distributions, distributed data storage for Kubernetes etcd, and rkt for application container engines.
Alex Polvi, CEO, CoreOS said:
“Red Hat and CoreOS’s relationship began many years ago as open source collaborators developing some of the key innovations in containers and distributed systems, helping to make automated operations a reality. This announcement marks a new stage in our shared aim to make these important technologies ubiquitous in business and the world. Thank you to the CoreOS family, our customers, partners, and most of all, the free software community for supporting us in our mission to make the internet more secure through automated operations.”
