RedHat today announced that it’s acquiring receptacle protection startup StackRox. The companionships did not share the obtain price.
RedHat, which is perhaps best known for its initiative Linux commodities has been clearing the alteration to the cloud in recent years. IBM bought the company in 2018 for a sizable $34 billion and has been leveraging that buy as part of a shift to a composite mas strategy under CEO Arvind Krishna.
The acquisition fits neatly with RedHat OpenShift, its receptacle scaffold, but the company says it will continue to support StackRox usage on other programmes including AWS, Azure and Google Cloud Platform. This approach is consistent with IBM’s strategy of supporting multicloud, hybrid environments.
In fact, Red Hat chairwoman and CEO Paul Cormier ascertains the two companies working together well.” Red Hat lends StackRox’s Kubernetes-native capabilities to OpenShift’s layered security coming, furthering our mission to bring product-ready open innovation to every organization across the open hybrid vapour across IT footprints ,” he said in a statement.
CEO Kamal Shah, writing in a company blog post announcing the acquisition, explained that the company made a bet a couple of years ago on Kubernetes and it has paid off.” Over two and half years ago, we made a strategic decision to focus exclusively on Kubernetes and pivoted our part concoction to be Kubernetes-native. While this seems obvious today; it wasn’t so then. Fast forward to 2020 and Kubernetes has emerged as the de facto operating system for cloud-native employments and hybrid mas environments ,” Shah wrote.
Shah accompanies the acquisition as a way to expand the company and the road map more quickly apply the sources of Red Hat( and IBM ), a normal disagreement from CEOs of smaller acquired business. But the deception is always finding a way to stay relevant inside such a large organization.
StackRox’s buy is part of some consolidation we have been seeing in the Kubernetes space in general and the security space more specifically. That includes Palo Alto Networks acquiring competitor TwistLock for $410 million in 2019. Another contestant, Aqua Security, which has raised $130 million, remains independent.
StackRox was founded in 2014 and promoted over $65 million, according to Crunchbase data. Investors included Menlo Ventures, Redpoint and Sequoia Capital. The cope is expected to close this quarter been submitted to ordinary regulatory scrutiny.
Read more: feedproxy.google.com