Red Hat to acquire rival CoreOS for $250 million

Red Hat at NRF 2018
Red Hat announced its decision to acquire small rival CoreOS, Inc., a provider of Kubernetes and container-native solutions, for $250 million.

Red Hat said that the acquisition of CoreOS will further its strategy of enabling enterprise customers to build any application and deploy them in any environment with the flexibility afforded by open source.

Red Hat aims to combine CoreOS’s capabilities with Red Hat’s Kubernetes and container-based portfolio, including Red Hat OpenShift to accelerate adoption and development of the hybrid cloud platform for modern application workloads.

Founded in 2013, CoreOS is the creator of CoreOS Tectonic, an enterprise-ready Kubernetes platform that provides automated operations, enables portability across private and public cloud providers.

It offers CoreOS Quay, an enterprise-ready container registry. CoreOS is also well-known for helping to drive many of the open source innovations that are at the heart of containerized applications, including Kubernetes.

Red Hat was early to embrace containers and container orchestration and has contributed to related open source communities, including Kubernetes, where it is the second-leading contributor behind only Google.

Red Hat claims that it is a leader in enabling organizations around the world to embrace container-based applications, including its work on Red Hat OpenShift, an enterprise Kubernetes platform.

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