Monday, October 29, 2018

IBM acquiring Red Hat for a whopping $34 billion

5:22 PM  FireSaleHackBoy  No comments

By Waqas

IBM (International Business Machine) is acquiring the world-renowned provider of open source cloud software Red Hat, Inc., for a whopping $34 billion, the news about the deal was announced on Sunday. IBM plans to pay $34 billion in cash for $190.00 per share. After the deal, Red Hat will join IBM’s Hybrid Cloud team while its CEO Jim Whitehurst will […]

This is a post from HackRead.com Read the original post: IBM acquiring Red Hat for a whopping $34 billion


October 29, 2018 at 11:24PM

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