IBM wraps up purchase of Linux specialist in $34bn deal
Software company Red Hat will continue to build and expand its partnerships, including those with major cloud providers
09 July 2019 - 19:19
IBM said on Tuesday that it has closed its $34bn acquisition of software company Red Hat as it looks to ramp up its cloud computing business.
Underscoring the drive into high-margin businesses, IBM in October agreed to buy Red Hat, the company’s biggest acquisition in its more than 100-year history...
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