Red Hat has announced that it will acquire CoreOS, a company with a leading role in Kubernetes, for $250 million. The deal will be completed soon.
By combining the complementary capabilities of CoreOS with Kubernetes and Red Hat's container portfolio, such as Red Hat OpenShift, Red Hat aims to further improve its position in the hybrid cloud and containerhouse.
CoreOS technologies, such as Tectonic, the Kubernetes distribution, and Container Linux, make it a lightweight, container-friendly Linux that will fit into the portfolio productof Red Hat's Kubernetes.
In one blog publishing, CEO of CoreOS, Alex Polvi, says:
"The relationship between Red Hat and CoreOS began many years ago as an open source collaboration developing some of the key innovations in containers and distributed systems, making them automated functions reality.
Both companies have become leaders in the communities that drive these innovations, including Kubernetes, the Open Container Initiative (OCI), and Cloud Native Computing Foundation (CNCF). ”
Since its inception less than five years ago, CoreOS has become one of the leading container players and the leader of the Kubernetes cloud container.
Looking ahead, Red Hat believes that the combination of CoreOS technologies and staff in its dynamics will give it all the necessary means to become the leading open source container management company. This, in turn, will help Red Hat turn into even more powerful Cloud.
Paul Cormier, president of Red Hat's products and technologies, said:
"The next era of technology is driven by container-based applications that cover multiple and hybrid cloud environments, including physical, virtual, private cloud and public cloud platforms, Kubernetes, & containers. Linux is at the heart of this transformation. Like Red Hat, CoreOS has been a leader in both the emerging open source communities that fuel these innovations and their work on the Kubernetes project.
We believe that this acquisition will stabilize Red Hat as a cornerstone of the hybrid cloud and modern application applications. ”
