Red Hat announced the acquisition of ManageIQ last week in a deal valued at $104 million. ManageIQ will brings new cloud operations management technology to Red Hat.
Bryan Che, general manager of the Cloud Business Unit at Red Hat told Datamation that the addition of ManageIQ is all about bringing operational management to the cloud.
Che stressed that ManageIQ is complementary to Red Hat’s existing cloud efforts. For example, users of Red Hat’s CloudForms or Enterprise Virtualization solutions
can benefit from ManageIQ by adding in chargeback, governance, compliance and orchestration capabilities.
Joe Fitzgerald, Chief Product Officer and co-founder of ManageIQ told Datamationthat his company was really looking to build out its sales channel. He noted that ManageIQ had already been partnering with Red Hat and there is no product overlap.
“So instead of us building our own channels, we decided that this was the right time and it’s really a fantastic combination,” Fitzgerald said.
Read the full story at Datamation:
Red Hat Makes $104 Million Cloud Management Bid with ManageIQ Acquisition
Sean Michael Kerner is a senior editor at InternetNews.com, the news service of the IT Business Edge Network, the network for technology professionals Follow him on Twitter @TechJournalist.
