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. https://www.enterprisetech.com/2019/01/17/ibm-unveils-hybrid-cloud-deals-red-hat-oks-acquisition/
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IBM UNVEILS HYBRID CLOUD DEALS, RED HAT OKS ACQUISITION
Red Hat shareholders approved the open-source leader’s acquisition by IBM this week, likely clearing the way for the mega-deal to close by the end of this year.IBM (NYSE: IBM) also announced separate cloud partnerships with Juniper Networks and Vodafone. A $325 million deal with Juniper Networks will help shift the networking vendor’s IT infrastructure to the cloud. On Thursday (Jan. 17), IBM announced it would work with Vodafone Business to launch a 5G AI effort in Europe.Taken together, the transactions are part of IBM’s drive to become the leading hybrid cloud provider as it targets what CEO Ginny Rometty argues is the 80 percent of core business applications that have yet been moved to cloud platforms. IBM said its $34 billion acquisition of Red Hat remains on track. “IBM and Red Hat (NYSE: RHT) will be strongly positioned to lead in hybrid cloud, addressing growing demand for companies to securely move their business applications to an open, multi-cloud environment,” said Steve Robinson, who is overseeing IBM’s $34 billion acquisition of Red Hat. GEORGE LEOPOLD READ MORE