IBM is to buy Linux OS specialist Red Hat for $34 billion. It is IBM’s biggest ever acquisition. IBM’s own market cap is $114 billion. “The acquisition of Red Hat is a game-changer, “ says IBM CEO Ginni Rometty, “IBM will become the world’s No. 1 hybrid cloud provider, offering companies the only open cloud ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/ibm-buys-red-hat-2018-10/
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