Monday, October 29, 2018

IBM buys enterprise open source provider Red Hat for $34 billion


IBM has acquired enterprise open source provider; Red Hat. The deal was sealed today for a record $34 billion in cash and debt. 

                              

The deal surpasses Microsoft's $26.2 billion acquisition of Linkedln, making it the biggest tech acquisition ever. Although, the major tech acquisition title, still held by EMC. 


>>Image: [TechCrunch]

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