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.
Combining the complementary possibilities of the CoreOS distribution 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, distributing Kubernetes and Container Linux, make it a lightweight, container-friendly Linux that will be combined with Red Hat's Kubernetes product portfolio.
In one blog publishing, CEO of CoreOS, Alex Polvi, says:
“The relationship between Red Hat and CoreOS began many years ago as an open collaboration code developing some of the key innovations in containers and distributed systems, making automated operations a reality.
Both companies have become leaders in the communities that drive these innovations, including Kubernetes, the Open Container Initiative (OCI) and the 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 personnel in its dynamic will give it all the necessary means to become the leading company open source container management. This, in turn, will help Red Hat become an even bigger force in the Cloud.
Paul Cormier, president of Red Hat's products and technologies, said:
“The next era of technology is driven by applications based on containers covering multi and hybrid cloud environments, including physical, virtual, private cloud as well as public cloud platforms, Kubernetes, & containers. Linux is at the center of this transformation. Like Red Hat, CoreOS has been a leader in both the burgeoning open source communities fueling these innovations and in 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. ”
