Open Source Solutions Provider Red Hat to Acquire Kubernetes and Container-native Solutions Company CoreOS
February 1, 2018
Open source solutions provider Red Hat, Inc. (Red Hat) is to acquire Kubernetes and container-native solutions company CoreOS, Inc (CoreOS). Red Hat has headquarters in Raleigh, North Carolina, United States and was established in 1993. It is the creator of the famed Red Hat Enterprise Linux operating system, a Linux distribution that caters to commercial entities. Its services include cloud options and software solutions for business. By acquiring CoreOS Red Hat will enhance its lead in the areas of Kubernetes and other containers. The deal is set to cost $250 million.
CoreOS was established in 2013 and has headquarters in San Francisco, California, United States. The company created CoreOS Tectonic, an “enterprise-ready Kubernetes platform that provides automated operations, enables portability across private and public cloud providers”. It also established a number of other Kubernetes-based Open Source solutions. Red Hat’s services enable customers to build and deploy applications in any environment, and its acquisition of CoreOS will enhance this capability. Merging CoreOS’s capabilities with its own, Kubernetes and container-based portfolio offerings (such as Red Hat OpenShift), Red Hat intends to speed up the market’s adoption of its hybrid cloud and multicloud environments. The deal will be closed by the end of January 2018.
“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,” explained Red Hat’s president, Products and Technologies, Paul Cormier. “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.”
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