• News (103)
    The Drum (29 Oct 2018)

    IBM acquires Red Hat for record-breaking $34bn to close the gap in cloud computing

    IBM has acquired open source software business RED HAT for £27bn - the third biggest technology deal on record. The acquisition will mean that IBM has a significant presence in the fast-growing open source cloud services sector, raising a challenge to AMAZON. Red Hat will become a separate unit within IBM with chief executive Jim Whitehurst appointed to IBM’s management team, reporting directly to IBM chief executive Ginni Rometty.

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    Campaign (12 Jun 2018)

    AKQA buys majority stake in architecture and product design agencies

    AKQA has revealed it has purchased a majority stake in agencies Universal Design Studio and Map Project Office as part of plans to unite architecture, product and experience design. They have collaborated before on mutual client IBM. Employees of the two purchased agencies will retain a minority stake once the deal is completed. The value of the acquisition was not disclosed.

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