IBM and Canonical work together in financial services

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Yes, IBM bought Red Hat, but as Chris Wright, Red Hat's CTO, recently told me, "We're fundamentally a separate entity from IBM." Want proof of that? In NYC, Mark Shuttleworth, founder and CEO of Canonical, Ubuntu Linux's parent company, and Ross Mauri, general manager of IBM Z and LinuxONE, jointly hosted an event for senior IT financial services executives.
There, they told the managers about the advantages of running financial services on mainframe cloud systems based on Ubuntu Linux. Why? After all, Red Hat Enterprise Linux (RHEL) runs just as well on the Z series as Ubuntu Linux. In an interview, Shuttleworth explained, "Customers want the security of the mainframe and the flexibility of Ubuntu. Some ask for Ubuntu and Z and IBM gives them that option."
Even after the Red Hat acquisition, "We're comfortable working with IBM," said Shuttleworth "We continue to have active projects with Z, Power, and IBM Cloud. Ubuntu is growing in all these platforms."
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