Meet IBM's new ceo, who spearheaded the $34 billion purchase of Red Hat as part of a master plan towards conquering a $1 trillion market
IBMIncoming IBM CEO Arvind KrishnaArvind Krishna, the new CEO of IBM, joined the tech giant in 1990 when it was an iconic and dominant player in enterprise tech.When he takes over as CEO in April, Krishna will be leading a company that's been described as a tech dinosaur. The nearly 109-year-old tech company has struggled to adapt to the rise of the cloud, where it has been outpaced by stronger rivals led by Amazon, Microsoft, and Google.Krishna has been spearheading IBM's counteroffensive, which is focused on taking on hybrid cloud computing, which he expects will be a $1.2 trillion market.Krishna also was instrumental in IBM's $34 billion acquisition of Red Hat last year. He has said that Red Hat is a key component of IBM's hybrid cloud strategy. That acquisition has already started to bear
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from Business Insider India https://ift.tt/2tgWNF2
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