IBM (NYSE:IBM) and Red Hat announced today that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion. The acq...
Red Hat is often described as the Switzerland of IT. That aspect has been the key to its enduring success. What will IBM do to preserve the neutrality of Red Hat? Arvind: Red Hat is going to stay neutral. Let’s be extremely clear about that. For this to be successful it is key th...
IBM closed its $34 billion acquisition of Red Hat, the companies announced Tuesday. The acquisition of Red Hat, an open-source, enterprise software maker, marks the close of IBM's largest deal ever. The move was originally announced in October, when the companies said IBM would buy all shar...
IBM announced its acquisition of Red Hat, positioning IBM as the leading hybrid cloud provider, and accelerating IBM’s high value business model.
IBM, which has a market capitalization of $114 billion, will pay $190 per share in cash for Red Hat, a 63 per cent premium to Friday’s closing share price. The following acquisition will turn IBM the world’s #1 hybrid cloud provider, said IBM CEO Ginni Rometty. ...
“The acquisition of Red Hat is a game-changer. It changes everything about the cloud market,” said Ginni Rometty, IBM Chairman, President and CEO. “IBM will become the world’s #1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of ...
Customers and prospects of both companies should closely watch IBM's plans to acquire open source software stalwart Red Hat, but there is no need to sound the chimes of doom, according to some experts. Withits acquisitionof Red Hat,known for its Linux distribution andprominent contri...
Oracle Corporation completed the process ofacquiring Sun Microsystemsnearly nine years ago. That was big news then and similarly big news was announced today:IBMandRed Hathave agreed toIBM‘s acquisition ofRed Hat. Themain IBM pageannounces “IBM to acquire Red Hat.” It then states, “This ...
we announced the IBM acquisition of Red Hat. It is a monumental deal, one that will enable us to work together to help customers deliver any app, anywhere, to realize the true value of the hybrid cloud. In the world ofRed Hat Global Services, our dedication to customer success remains un...
【IBM意欲收购Red Hat，创软件业并购金额记录】 今天IBM公司宣布，将斥资340亿美金收购Red Hat（红帽公...