As per the latest update, the software giant Red Hat has entered into a definitive agreement to acquire ManageIQ.It is worth noticing here that ManageIQ is a leading provider of enterprise cloud management and automation solutions specifically designed to enable organizations to deploy, manage and optimize private clouds, virtualised infrastructures as well as virtual desktops.
Paul Cormier, President, Products and Technologies, Red Hat, has shared his views. He said, “Industry’s and customer’s response to Red Hat's vision for the open hybrid cloud has been overwhelmingly positive because it offers the best of both worlds: the ability to tap into the public cloud when and where it makes sense, while leveraging existing investments for cloud infrastructure. For enterprise cloud initiatives, effective cloud management is critical. ManageIQ offers robust features, including orchestration, policy, workflow, monitoring and chargeback, that deepen Red Hat's cloud management capabilities and bring the promise of open hybrid cloud a step closer for the industry."
Joe Fitzgerald, Chief Product Officer & Co-Founder, ManageIQ, has also shared his views. He said, “We are very excited to be joining Red Hat. Our strong virtual and cloud management solutions, highly differentiated technology and experienced team are a perfect fit with Red Hat. We share a common vision of cost-effective, open and automated deployment and management of enterprise IT cloud resources."
Market experts believe the latest acquisition will help Red Hat to expand the reach of its hybrid cloud management solutions for enterprises.
