Red Hat Buys CoreOS for $250M to Expand Its Kubernetes and Containers Leadership
Red Hat, Inc., the world’s leading provider of open source solutions, announced that it would acquire CoreOS, Inc., a company known for providing the Container Linux operating system (formerly CoreOS Linux), Tectonic for Kubernetes, and Quay Enterprise container registry, for the price of $250 million USD.
CoreOS joining Red Hat means automated operations are coming to all. In other words, both companies will work together to expand Kubernetes, the open-source system for automating scaling, deployment, and management of containerized applications in business environments, as well as to innovate in containers and distributed systems.
Red Hat’s acquisition of CoreOS will also accelerate the adoption and development of the best hybrid cloud platform available to date for modern application workloads, whose demand continues to grow ever… (read more)
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