IBM Celebrates Cloud Success with Juniper, Vodafone, Red Hat
January 24, 2019
IBM’s cloud-services business just came off a big week. In the matter of a couple of days, the company announced a $325 million deal with Juniper Networks around its cloud efforts and a $550 million partnership with telecommunications giant Vodafone around cloud management and optimization.
At the same time, IBM also saw Red Hat investors approve its $34 billion bid to buy the open-source giant, the latest step in a deal that also has implications for IBM’s cloud ambitions. All of this comes as IBM competes in a fast-growing cloud market that includes such heavyweights as Amazon Web Services (AWS), Microsoft Azure and Google Cloud, which made their own news around moves they made in the retail industry.
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