"It changes everything about the cloud market", said Ginni Rometty, IBM Chairman, President and Chief Executive Officer.
IBM has unveiled plans to acquire open source specialists Red Hat, in a blockbuster US$34 billion deal created to bolster the tech giant's hybrid cloud capabilities.
"IBM's commitment to keeping the things that have made Red Hat successful - always thinking about the customer and the open source community first - make this a tremendous opportunity for not only Red Hat but also open source more broadly", said Paul Cormier, President, Products and Technologies, Red Hat.
IBM, on the other hand, has struggled to remain relevant in the public cloud era.
Raleigh, N.C. -based Red Hat makes software for the open-source Linux operating system, an alternative to proprietary software made by Microsoft. Red Hat, which is publicly traded, has a market cap of $20.5 billion.
"Importantly, Red Hat is still Red Hat".
Headquartered in Raleigh, North Carolina, Red Hat charges fees to its corporate customers for custom features, maintenance and technical support, offering IBM a lucrative source of subscription revenue.
After 74 years keeping them, the Queen's last corgi has died
The Queen still has two dogs, dorgis Candy and Vulcan, bred from mating a corgi and a dachshund. "Whisper was a friendly chap". In an interview after announcing their engagement, Prince Harry said he'd, "spent the last 33 years being barked at".
Winning ticket scoops $1.6bn US Mega Millions jackpot
There could be more lucky ticket holders - not all states have reported if they sold any partially winning ticket numbers. Mega Millions officials count on enormous jackpots to draw in players who would ordinarily avoid participating.
IBM's Rometty added that most companies are now being held back in their cloud transformation due to closed platforms. This will likely not impact IBM's stature in the public cloud where the companies have a presence, but not almost as much as the private cloud.
Red Hat CEO Jim Whitehurst said IBM will give it scale while preserving an open source commitment.
The company will be paying through cash and debt, as opposed to share exchange, but did not specify the proportions. By effectively buying itself a cloud that spans several IaaS rivals, IBM shows its own IaaS ambitions have dimmed. But that is a shrinking business. Since the day we chose to bring open source to the enterprise, our mission has remained unchanged.
At the same time, Red Hat will aim to leverage IBM's hybrid cloud and enterprise IT scale in helping expand open source technology offerings to businesses globally.
In an email to Red Hat employees, Red Hat president and CEO Jim Whitehurst said the company will be a "distinct unit within IBM" and that he'll report directly to Rometty.
In its early days, the company enjoyed the advantage of being used extensively by the United States military as the Department of Defence has certified its Red Hat Enterprise Linux product for use. It's well-known for trying to integrate acquisitions into its huge organization, a process known internally as "blue-washing". It is expected to close in the latter half of 2019. One analyst, Trip Chowdhry at Global Equities Research, suggested in a note to clients that China, whose infrastructure is built on Linux, might not grant its approval.
The deal remains subject to Red Hat shareholder approval as well as regulatory approvals.
It is assumed that a Single Trident 2018 will be a simulation of the attack on one of the countries of the Alliance. Two Russian and two Belarus military observers have been invited to watch the maneuvers.
The Duke and Duchess of Sussex attended the Australian Geographic Society Gala Awards at the Shangri-La Hotel in Sydney. Reuters/Phil Noble David Beckham attends the Invictus Games Sydney 2018 closing ceremony in Sydney, Australia.
Turkish President Recep Tayyip Erdogan has called on the Saudis to admit who ordered the killing and where the body is. Khashoggi?" he said, calling it "pure demagoguery to call for a halt" to exports over the killing.
Mr Erdogan also questioned why Khashoggi's body had not been found even after Saudi authorities admitted to his killing. Khashoggi was a Washington Post columnist and lived in the USA , having fled Saudi Arabia in September a year ago .
The quake rattled the whole of western Greece and was felt in Kefalonia, Corfu, and Crete according to the USGS. Italy's Il Messaggero online news site said the quake was felt hundreds of kilometres away in southern Italy.
Game 5 is Sunday at Dodger Stadium, where the Red Sox can close out a spectacular season with their fourth title in 15 years. Game 3 is Friday night in Los Angeles. "He was letting us have it, for sure", Mookie Betts said on Fox after the game.
A person has been arrested in connection with a mail-bombing campaign aimed at Trump critics, United States officials say. One user even said that Twitter should be held accountable for failing to address the bomber's threats properly.
The batsman was playing for club side Randwick-Petersham and made a decision to leave the field when he was unbeaten on 35. It comes after Warner was banned from worldwide and state cricket in March after a ball-tampering scandal.
Last week, flash flooding also killed five people across Tunisia, including a six-year-old child who drowned in Sidi Bouzid. Jordan's state news agency Petra said Prime Minister Omar Razzaz was at the scene to oversee the rescue mission.
Megyn Kelly's NBC show cancelled after blackface controversy
She also gave a platform to allegations against NBC News's Tom Brokaw , both of which stirred resentment among her NBC colleagues. In the latest report by NBC itself, sources said Kelly was still in discussions with executives about her future at the network.
‘Extremely dangerous’ Cat 4 Hurricane Willa heads for Mexico
Storm surge accompanied by "large and destructive waves" are forecast along portions of Mexico's central and southwestern coast. Hurricane-force winds extended out 30 miles from Willa's center, and tropical-storm-force winds were up to 105 miles out.
Google sacks 48 people for sexual harassment
A year later, the accuser filed a complaint to Google's human resources department and told officials about the relationship. She relented to a neck rub because, "I didn't have enough spine or backbone to shut that down as a 24-year-old", she said.
Cavs' Love to miss against Pistons with sore left foot
Drummond entered the game scoring 17.1 points per game on Boston in his career, the highest against any opponent. Robert Williams III scored the first points of his National Basketball Association career in emphatic fashion.
Leicester City owner's helicopter crashes outside stadium
East Midlands Ambulance Service has tweeted it sent a doctor, two paramedics and a Hazardous Area Response Team to the scene. He revealed: "It crashed into the auto park just a couple of hundred yards outside the stadium before bursting into flames".
Rare polio-like disease is spreading — CDC
But for other viruses, other types of bacteria that can cause an illness very similar to this, we do have ways of preventing them. Nirav Shah, director of the Illinois Health Department, said parents should be concerned, but the disease is incredibly rare.
Plant City man wins $3 million in Mega Million drawing
For the victor , options include an immediate cash payment of $877.8 million, or the $1.537 billion prize paid out over 29 years. The largest lotto drawing in USA history remains a $1.59 billion Powerball from January 2016.