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Red Hat to acquire container security firm StackRox US open source software giant Red Hat is set to acquire StackRox for an undisclosed amount. The transaction is expected to close in Q1 2021. Through the acquisition, the company aims to bring StackRox’s Kubernetes-native security capabilities to OpenShift, Red Hat’s container platform. Red Hat provides open source software solutions, including Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat was co-founded by Canadian entrepreneur Bob Young in 1993. Red Hat was co-founded by Canadian entrepreneur Bob Young in 1993. In 2018, Red Hat was acquired by IBM for $34 billion USD. Today, it is headquartered in Raleigh, North Carolina, and employs over 16,000 people. ....