IBM is seen at the Mobile World Congress in Barcelona Spain
29 October, 2018, 13:41
"IBM will become the world's No. 1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses".
IBM's and Red Hat's partnership has spanned 20 years, with IBM serving as an early supporter of Linux, collaborating with Red Hat to help develop and grow enterprise-grade Linux and more recently to bring enterprise Kubernetes and hybrid cloud solutions to customers.
According to AFP, the deal remains subject to Red Hat shareholder approval as well as US SEC regulatory approvals. "It changes everything about the cloud market", said Ginni Rometty, IBM's chairman, president and CEO.
"Knowing first-hand how important open, hybrid cloud technologies are to helping businesses unlock value, we see the power of bringing these two companies together, and are honored to advise IBM and commit financing for this transaction", JPMorgan CEO Jamie Dimon said in a statement. And yes, enterprises will go from Red Hat-a proverbial Switzerland of software and the cloud-to an IBM-Red Hat combination and one throat to choke.
The deal comes just two weeks after IBM reported that its sales for its quarter ended September 30 came in at $18.8 billion, down two percent from year ago period, but flat when adjusted for currency fluctuations. It intends to maintain Red Hat's headquarters, facilities, brands and practices.
Whitehurst also stressed that "Red Hat is still Red Hat". Red Hat's current management team, led by president and CEO Jim Whitehurst, will remain in place.
IBM was founded in 1911 and is known in the technology industry as Big Blue, a reference to its once ubiquitous blue computers. It also expects to use Red Hat's open source roots to its advantage - in theory, this encourages companies to move to the cloud when they'd otherwise be wary of being locked in. This is the next chapter of the cloud.
The announcement comes as tech giants are betting that more companies and users will pay a subscription fee to store their data elsewhere, rather than buy expensive mainframes and hard drives - which had been IBM's bread and butter. Its 2013 acquisition of Softlayer gave the company a public cloud toehold, but all the growth in public cloud computing is coming from the big three USA providers, including the above-mentioned companies and Google Cloud. It requires shifting business applications to hybrid cloud, extracting more data and optimising every part of the business, from supply chains to sales, a informed Rometty.
Venero said he is hopeful IBM will continue the strong channel relationships that Red Hat has built with partners rather than taking deals direct.
"Red Hat was previously able to position itself as the Switzerland for on-premises computing", Mueller said. "This is not about cost synergies at all", Rometty said in the interview. Among the possibilities are Google and Cisco Systems Inc., both aiming to boost their different cloud strategies.
As for other iPad Pro design changes worth mentioning, the new tablets will reportedly not ship with a 3.5mm headphone jack. The sides of the tablet appear to the completely flat like the sides of an iPhone 5 with no noticeable tapering.
The Dow Jones Industrial Average gained 1.6 percent to 24,984.55, while the broad-based S&P 500 advanced 1.9 percent to 2,705.57. Advancing issues outnumbered declining ones on the NYSE by a 2.35-to-1 ratio; on Nasdaq, a 2.43-to-1 ratio favored advancers.
This feature sounds so simple it's a little mind-boggling to think it's taken Niantic two years to put it into the game. Users will also be able to check in via their Trainer Profile to see the number of miles recorded for the week.
And they may not be the only ones headed north: other caravans in Central America appear to be following in their footsteps . The program was announced by Pena Nieto on Friday, as a way to address the issue of migrants taking part in the caravan.
Four days later, with nine strikeouts in six shutout innings to finish off Houston, he helped the Red Sox to the pennant. Kershaw, who now has the choice to opt out of his Dodgers contract, was left with yet another postseason disappointment.
If this is really just a flashback we have to ask ourselves when and why will a flashback be used in the next Avengers movie. So any character from the past of the Marvel Cinematic Universe has the potential to return, even if they're dead.
Financial markets have been roiled by the U.S. "Signs are mounting that shale won't keep growing at the same rate in the U.S. Brent crude slumped by around $1.05 and was being traded slightly below the $79 mark, at $78.84 a barrel.
The company said it had identified 82 pages, groups and accounts coordinating inauthentic behaviour on Facebook and Instagram. Researchers at the Atlantic Council , which reviewed the behaviour, said numerous accounts masqueraded as American liberals.
Another competitor acknowledged at the ceremony was New Zealander, George Nepata, the first tetraplegic to compete at Invictus. In the audio recording, the former actress said she had a clear idea of what she wanted to wear from the start.
Remember for those of you in the United Kingdom the clocks go back on Sunday so make sure you factor that in. Why? The chances are that if you have a video game-lover in your life, they didn't sleep last night.
Merkel Government Braces for High-Stakes German State Election
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Suspect had written anti-Jewish posts
The synagogue was especially crowded on Saturday, a holy day in Judaism, with three different congregations holding service. Apple and Google had previously blocked the site for carrying hate speech. "Very accepting of all religions, of all races".
All 11 synagogue victims identified
Mr Trump told reporters later that the killings might have been prevented if there had been an armed guard in the building. Scott Brady, the USA attorney in western Pennsylvania, told a news conference, "We are treating it as a hate crime".
What Gary Neille said about Paul Pogba's penalty was spot on
Everton won a penalty on 76 minutes after Pogba lost possession and Sigurdsson played in Richarlison who was felled by Smalling . Could not stop Gylfi Siggurdson's penalty but had a tidy game between the sticks, gathering long-shots and crosses comfortably.
First Ever AI-Generated Artwork Sells For $432,000 at Auction
Aside from the success of the auction , there are other curious questions bubbling up around the topic of AI-generated painting . Apart from just that of an artist signature, it bears a stamp of a mathematical formula which is placed on the bottom right.
This 'Captain America' character will be in 'Avengers 4'
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Guide: Red Dead Redemption 2 - How to Upgrade Camp
Players only need to collect one debt to unlock camp upgrades, but they will still need to hunt down the other debtors eventually. Overall, we highly recommend that players just go out into the Wild West and explore for themselves.
Man charged in mail-bomb plot is a Florida Trump supporter
It is addressed to former Central Intelligence Agency director John Brennan and contains a photograph of him marked with an "X". In another he peddled theories about the billionaire political donor George Soros , who also received a package bomb.