Read more about the article IBM To Acquire Red Hat, Completely Changing The Cloud Landscape And Becoming World’s #1 Hybrid Cloud Provider
Ginni Rometty, Chairman, President, and CEO of IBM, at right, and James M. Whitehurst, CEO of Red Hat, left, announced, Sunday, October 28, 2018, Armonk NY, that the companies have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion. This acquisition brings together the best-in-class hybrid cloud providers and will enable companies to securely move all business applications to the cloud. (Feature Photo Service)

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

Most significant tech acquisition of 2018 will unlock true value of cloud for business - IBM and Red Hat to provide open approach to cloud, featuring unprecedented security and portability across…

Continue ReadingIBM To Acquire Red Hat, Completely Changing The Cloud Landscape And Becoming World’s #1 Hybrid Cloud Provider