• IBM To Acquire Red Hat, Completely Changing The Cloud Landscape And Becoming World's #1 Hybrid Cloud Provider

Market news

29 October 2018

IBM To Acquire Red Hat, Completely Changing The Cloud Landscape And Becoming World's #1 Hybrid Cloud Provider

  • IBM to Buy Red Hat for $190 Per Share

  • Deal for Red Hat has Total Enterprise Value of $34 Billion

  • Red Hat to Operate as a Distinct Unit Within IBM's Hybrid Cloud Team

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