IBM Power Systems Enhances Hybrid Cloud Capabilities with Red Hat New pre-configured private cloud platform, innovative cloud-consumption payment model, and more Red Hat software now supported on IBM Power Virtual Servers News provided by Share this article Share this article ARMONK, N.Y., Feb. 23, 2021 /PRNewswire/ -- IBM (NYSE: IBM) announced availability of Red Hat software on IBM Power Systems as well as new IBM Power Systems hardware. These announcements further expand IBM Systems's commitment to help clients modernize by empowering them with the latest technology from Red Hat to develop cloud-native applications and deploy them into hybrid cloud environments. Today's announcements include: