Saturday, 23 February 2019

IBM on cloud nine following $34bn Red Hat acquisition

By Chris Kelly, Total Telecom
Monday 29 October 18

The deal will make IBM the world's biggest hybrid cloud provider in a market that is valued at close to $1 trillion

IBM is to acquire open source cloud software pioneer Red Hat, in a deal worth $34 billion, the biggest acquisition in the US IT giant's history. “The acquisition of Red Hat is a game-changer. It changes everything about the cloud market,” said Ginni Rometty, IBM chairman…

IBM is to acquire open source cloud software pioneer Red Hat, in a deal worth $34 billion, the biggest acquisition in the US IT giant's history. “The acquisition of Red Hat is a game-changer. It changes everything about the cloud market,” said Ginni Rometty, IBM chairman…

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