IBM Acquires Open Source Cloud Company Red Hat for $34 Billion [...]
IBM Acquires Open Source Cloud Company Red Hat for $34 Billion – #IBM #RedHat
📅 - IBM (ibm.com) has announced its acquisition of Red Hat (http://www.redhat.com), one of the world's leading providers of open source cloud software. IBM will pay $190.00 per share in cash for Red Hat, representing a total enterprise value of approximately $34 billion.
Red Hat is one of the world's leading providers of enterprise open source software solutions, using a community-powered approach to deliver "reliable and high-performing" Linux, hybrid cloud, container, and Kubernetes technologies.
IBM's and Red Hat's partnership already has spanned 20 years, with IBM serving as an early supporter of Linux, collaborating with Red Hat to help develop and grow enterprise-grade Linux and more recently to [...][... Check source for end of article ...]
Red Hat is one of the world's leading providers of enterprise open source software solutions, using a community-powered approach to deliver "reliable and high-performing" Linux, hybrid cloud, container, and Kubernetes technologies.
IBM's and Red Hat's partnership already has spanned 20 years, with IBM serving as an early supporter of Linux, collaborating with Red Hat to help develop and grow enterprise-grade Linux and more recently to [...][... Check source for end of article ...]
Tags: Cloud Hosting News Arvind Krishna Ginni Rometty hybrid cloud IBM Jim Whitehurst Paul Cormier red hat
Reads: 892 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: Jos Jaspers
URL source: https://hostingjournalist.com/news/ibm-acquires-open-source-cloud-company-red-hat-for-34-billion-ibm-redhat/
Company: IBM Cloud
URL source: https://hostingjournalist.com/news/ibm-acquires-open-source-cloud-company-red-hat-for-34-billion-ibm-redhat/
Company: IBM Cloud
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