Five Minute Briefing - Information Management
July 9, 2019
Five Minute Briefing - Information Management: July 9, 2019. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
Calling it a landmark acquisition, IBM and Red Hat announced today that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190 per share in cash, representing a total equity value of approximately $34 billion.
Google has entered into a definitive agreement to acquire Elastifile, a provider of scalable, enterprise file storage for the cloud. The acquisition of Elastifile is expected to be completed later this year and is subject to customary closing conditions, including the receipt of regulatory approvals. Upon the close of the acquisition, Elastifile will join Google Cloud.
With today marking the end of extended support for Microsoft's SQL Server 2008, John 'JG' Chirapurath, Microsoft Azure's GM of data, blockchain & AI, posted a blog entry yesterday urging customers to consider the company's Azure cloud service. In addition, Microsoft announced two data platform advancements.
What Happened to Hadoop? (VIDEO)