Red Hat buys Toronto-based cloud consultancy Phlyt

10 November 2021 2 min. read
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Red Hat, one of the world’s largest providers of enterprise open source solutions, has acquired Phlyt, a Toronto-based cloud consulting firm.

Phlyt focuses on building scalable, cloud-native applications for enterprise environments. The firm’s expertise, products, and toolkits specifically help companies optimize their productivity in a container-based environment.

Phlyt’s approximately 10 employees support clients with deciding what needs to be built, creating applications that securely run on the public cloud, ensuring projects are delivered on time and on budget, and setting up metrics to ensure applications are performing to spec.

Red Hat’s acquisition of Phlyt will bolster its consulting business, which helps customers expand their Kubernetes and container skills to get the most out of their IT investments.Red Hat buys Toronto-based cloud consultancy Phlyt“We are excited to welcome the Phlyt associates into the Red Hat family and further strengthen our consulting services to help customers adopt open hybrid cloud strategies and build better cloud-native apps even faster,” Red Hat said in a statement.

The Phlyt deal is Red Hat’s second acquisition since it was bought by IBM for $34 billion in 2019. The Raleigh, North Carolina-based software firm earlier this year bought StackRox, a container management software company.

“This is a thrilling opportunity that we are very excited about,” tweeted Luke Shannon, CEO of Phlyt. “Thank you so much to everyone at Red Hat for this amazing opportunity. Also thank you to everyone at team Phlyt that have trusted us and stuck it out.”

IBM recently rebranded its business services division as IBM Consulting. The Armonk, New York-based technology giant last month acquired the Adobe Workfront practice of Rego Consulting, a Centerville, Utah-based firm specializing in work management software consulting.