Red Hat Makes $104 Million Cloud Management Bid with ManageIQ Acquisition

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.

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