New Red Hat CEO looks to keep things steady while putting own mark on company

Red Hat announced a new CEO last month when it promoted 16-year veteran Matt Hicks, who’s been on the job for several weeks now. His predecessor, Paul Cormier, stepped down to move into the chairman role. It’s never easy making a transition like this, but Hicks...

How Red Hat became the tip of the spear for IBM’s rejuvenation strategy

When IBM paid $34 billion to acquire Red Hat in 2018, it was a big bet on a hybrid cloud future, one that appears to be paying off four years after the deal was announced. Over the last couple of quarters, IBM has produced slow but steady single-digit growth, and the...