“Organizations are beginning the next chapter of their digital reinvention. They are modernizing their infrastructure and moving mission-critical workloads to private and multi-cloud environments from different providers,” said Ginni Rometty, president and CEO of IBM. “They need flexible, open technology to manage these hybrid multi-cloud environments. And they need partners they can trust to manage these systems securely. IBM and Red Hat are uniquely positioned to meet these demands. As the leading hybrid cloud provider, we will help clients build the technological foundation of their business for decades to come.”.
“When we talk to customers, their challenges are clear: they need to move faster and differentiate themselves through technology. They want to build more collaborative cultures, and they need solutions that give them the flexibility to build and deploy any app or workload anywhere,” said Jim Whitehurst, president and CEO of Red Hat. “We believe open source has become the de facto technology standard because it enables these solutions. Joining forces with IBM gives Red Hat the opportunity to bring more open source innovation to an even wider range of organizations and will help us expand to meet the need for hybrid cloud solutions that provide true choice and agility.”.
Red Hat will continue under the leadership of Jim Whitehurst and his current management team. Whitehurst will join IBM's senior management team and report to Ginni Rometty. IBM will retain Red Hat's headquarters in Raleigh, North Carolina, its facilities, brands, and practices. Red Hat will operate as a separate unit within IBM and will report to IBM's Cognitive Software and Cloud segment.
