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IBM-Red Hat deal: What the companies say
IBM announced yesterday that it is buying Red Hat for $34 billion, making it IBM's largest deal to date and the third largest in the history in the US tech industry.After announcing the plan to close the deal sometime in the second half of next year, executives from the two companies held a joint conference call fleshing out the details. Here's what they had to say.According to Arvind Krishna, Senior Vice President of Hybrid Cloud at IBM, this move represents a "game changer" that will redefine the cloud market. Krishna was joined by Paul Cormier, Executive Vice President and President of Products and Technologies at Red Hat.To read this article in full, please click here
Employees recently posted a blog protesting the company's plans to bid on the $10 billion, 10-year contract to provide cloud services for all branches of the military.
The work is part of a wider drive to develop 5G in India, boosted by the Centre of Excellence and Innovation Lab for 5G at the Indian Institute of Technology, which Ericsson established in Delhi in July.
Red Hat will maintain its independence to work with other public cloud providers like Amazon Web Services, Microsoft Azure, and Google Cloud.
Previously, the performance monitoring company had no way to take the test data it was creating and analyze it to detect anomalies and predict network issues.

