• News (1)
    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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