Investor's Business Daily |
Red Hat Stock Soars On IBM's $34 Billion Acquisition Deal
Investor's Business Daily "The acquisition of Red Hat is a game-changer," Ginni Rometty, IBM chairman and chief executive, said in prepared comments. "It changes everything about the cloud market," making IBM the leading hybrid cloud provider globally, she said. A hybrid cloud ... IT'S OFFICIAL: IBM is acquiring software company Red Hat for $34 billion IBM CEO Ginni Rometty insists the 63% premium the tech giant is paying for Red Hat is a 'fair price' IBM buys software company Red Hat for $34bn in bid for cloud dominance |
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