​Red Hat leaders praise IBM acquisition, but employees are worried

Acquisitions

Summary

Paul Cormier, Red Hats president of Products and Technologies, proclaimed, " Today is a banner day for open source .Imagine Red Hat with the ability to invest even more and faster to accelerate open source innovation in emerging areas.The independence IBM has committed to will allow Red Hat to continue building the broad ecosystem that enables customer choice and has been integral to open sources success in the enterprise.Second: While IBM has a long, distinguished history of supporting open source, in recent years theyve been perceived as a company falling behind the times and is hamstrung with red tape and bureaucracy.Whitehurst, aware of his crews nerves, promises Red Hat will continue "to focus on growing our culture as part of a new organization.

Classifications

industries
No industries detected
applications
Accounting and Taxes

AskAI Classifications

Labels
Enterprise Software SaaS Data Streaming Platforms

Linked Companies

IBM
$1B+
Red Hat
$1B+