The container craze on Linux platforms just took an interesting twist now that Red Hat is sheling out $250 million to acquire its upstart rival in Linux and containers, CoreOS.
As the largest and by far the most profitable open source software company in the world – it had $2.4 billion in sales in fiscal 2017, brought $253.7 million of that to the bottom line, and ended that fiscal year in February with a $2.7 billion subscription and services backlog – Red Hat has not been afraid to spend some money to get its hands on control of key open …
Red Hat Shakes Up Container Ecosystem With CoreOS Deal was written by Timothy Prickett Morgan at The Next Platform.
http://ift.tt/2Eoq15U
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