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IBM's acquisition of Red Hat is huge news for the Linux world
TNW IBM today announced it would be acquiring iconic Linux firm Red Hat in a $34 billion all-cash deal. According to a joint statement issued by both companies, IBM will pay $190 for each share of Red Hat, with Big Blue intending to absorb its latest ... IBM to Buy Red Hat, the Top Linux Distributor, for $34 Billion IBM buys Linux giant Red Hat to thrive in the cloud Official: IBM to gobble Red Hat for $34bn – yes, the enterprise Linux biz |
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