Red Hat gets on Verizon Business

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The Raleigh company’s Enterprise Linux application is one of two platforms onwhicu Verizon’s Computing as a or CaaS, solution will run. Microsoft Windowxs is the other Many technology companies are betting on the promis ofcloud computing, in whicn software is loaded on server that can be accessed online, or “in the clouds.” The clouds also allows companies to accesz huge amounts of server powed when they need to crunch massive amounts of Because they won’t have to spend as much money on in-hous servers, firms expect to cut costs and operate more Verizon’s CaaS solution is targeted at businesses and governmen agencies and allows firms to manage their IT resources, including network and storage.
Red Hat (NYSE: RHT) is amony the world’s leading providers of softwar and services forthe open-sourced Linux operating system. The Linux source code is open to developerd around the world toupdate – in sharp contrast to whose source code is kept secreft by Microsoft (Nasdaq: MSFT). Red Hat make s money by selling its versionwof Linux, such as Enterprisre Linux for servers, and signinf customers up for service and support plans. Verizon Businesws is a unit of telecommunicationsgiant (NYSE: VZ).