Red Hat To Buy Google-Backed Container Tech Startup CoreOS For $250 Million
Sticking with the topic of savvy acquisitions, Red Hat made a significant acquisition in the critical container technology arena this week, striking a deal to buy pioneering container startup CoreOS for $250 million.
CoreOS, which is backed by Google's investment arm, has made a name for itself as an early player in the Docker ecosystem with a lightweight Linux distribution that's designed for running containerized workloads at scale.
Red Hat has already bet big on the Kubernetes container technology as the future of how applications will be developed, deployed and managed across hybrid clouds. CoreOS brought to market the first commercial platform for running Kubernetes, so with this acquisition Red Hat is doubling down on its vision.