Red Hat acquires CoreOS for $250M

Red Hat has announced the acquisition of CoreOS, an innovator and leader in Kubernetes and container-native solutions for a price of $250 million. With this acquisition, Red Hat aims to combine the technologies of both companies to accelerate the adoption and development of the industry’s leading hybrid cloud platform for modern application workloads.

CoreOS, founded in 2013, helps organizations to automatically update and patch servers without having to take servers offline. CoreOS's technologies, including Tectonic, its Kubernetes distribution, and Container Linux, its lightweight, container-friendly Linux, will be combined with Red Hat's Kubernetes and container-native product portfolio.

Alex Plovi, CEO at CoreOS, said, "Red Hat and CoreOS’s relationship began many years ago as open source collaborators developing some of the key innovations in containers and distributed systems, helping to make automated operations a reality. This announcement marks a new stage in our shared aim to make these important technologies ubiquitous in business and the world."

He further added, "Thank you to the CoreOS family, our customers, partners, and most of all, the free software community for supporting us in our mission to make the internet more secure through automated operations.”