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Monday, 29 October 2018
IBM’s acquisition of Red Hat is huge news for the Linux world
IBM today announced it would be acquiring iconic Linux firm Red Hat in a $34 billion all-cash deal. According to a joint statement issued by both companies, IBM will pay $190 for each share of Red Hat, with Big Blue intending to absorb its latest purchase into its Hybrid Cloud division. [NEWS] @IBM to acquire Red Hat and become the world's leading #hybridcloud provider. https://t.co/goihRICRr3 https://t.co/G8SKS5gsVk pic.twitter.com/GJL4UmBu1B — Red Hat, Inc. (@RedHat) October 28, 2018 This move is huge for IBM. After spending the past ten years delving into the worlds of artificial intelligence (via Watson) and blockchain with little…
This story continues at The Next Web
Or just read more coverage about: IBM https://ift.tt/2Q2TCqL Matthew Hughes October 28, 2018 at 06:00PM
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