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IBM pulls Red Hat teams into Big Blue to consolidate storage

IBM pulls Red Hat teams into Big Blue to consolidate storage

Three years after IBM bought out Red Hat in a massive, $34 billion deal, the companies are consolidating their storage businesses. IBM’s move to consolidate the Red Hat storage business with Blue Blue’s own storage operation will mean an undisclosed number of Red Hat employees moving to the parent company, the company said in a press release. IBM (NYSE: IBM), which closed on its buy of Red Hat in 2019, has continually stressed Red Hat’s neutrality from Big Blue.