Business Insider |
IT'S OFFICIAL: IBM is acquiring software company Red Hat for $34 billion
Business Insider IBM has struck a deal to acquire the cloud software company Red Hat for $34 billion. IBM will pay $190 a share for the software company, which it described as the world's leading provider of open-source cloud software, a premium of more than 60% from ... IBM to Acquire Linux Distributor Red Hat for $33.4 Billion IBM CEO Ginni Rometty insists the 63% premium the tech giant is paying for Red Hat is a 'fair price' IBM to Buy Red Hat, the Top Linux Distributor, for $34 Billion |
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