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After IBM-Red Hat, cloud companies such as Workday, Okta, MongoDB could be next, analysts saySome technology stocks were up Monday following speculation they could be bought in light of IBM's Red Hat deal.
Source: CNBC - 🏆 12. / 72 Read more »
IBM Will Acquire Open-Source Software Company Red Hat In $34 Billion DealIBM will acquire Red Hat for $190 per share, in a deal worth approximately $34 billion. Both companies took pains to say the Red Hat ethos and commitment to open source would continue. Pictured: IBM acquiring a Red Hat Goodbye open source. “Open source” - a Petri dish for development, where umbrella corps are then bought for gobs of money, based on the unpaid genius of others.
Source: NPR - 🏆 96. / 63 Read more »
Hortonworks, Nutanix among software stocks rising after IBM announces of Red Hat deal
Source: MarketWatch - 🏆 3. / 97 Read more »
IBM-Red Hat deal helps boost tech stocksAfter a tough week, there's nothing like a merger to get Wall Street back on track. What red hat? MAGA hats? O_o Thanks Trump👍 ...Trump must somehow be bad in this...ooh, ooh, ooh...it's the 'Red Hat deal'...Red Hat = MAGA hat!!! 'Trump Collusion With IBM On MAGA Hats Drives Markets Higher; Women And Minorities Hurt Most' (Fixed it for you)
Source: CNN - 🏆 4. / 95 Read more »
IBM to acquire software company Red Hat for $34 billionIBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat I... LianaBaker GregRoumeliotis So .... Linux is F*****ed Up. Given GitHub being in the hands of Microsoft.... I would said... Open Source is F****ed. What's the next move ? the Fed taking care of crypto-currency ? LianaBaker GregRoumeliotis IBM pays 150 X recent earnings to buy a services company that owns no proprietary product? Whose customers are companies IBM fights for cloud services biz? No pixie dust synergies here folks. Just 'Do Something' Desperation. I've Been Mugged. emilychangtv JohnJHarwood jbarro
Source: Reuters - 🏆 2. / 97 Read more »
IBM to acquire software company Red Hat for $34 billionIBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat I... Red hat = bad Orange Man = bad IBM = bad Resist don't how one can be worth that much when coding for free? Drag it with them in their grave..
Source: Reuters - 🏆 2. / 97 Read more »
Tech stocks are surging after IBM agrees to pay $34 billion for Red HatStocks rose Monday as Wall Street shook off fears about rising rates and signs of slowing growth that have weighed on global markets this month. Is IBM's acquisition of 'Red Hat' really worth $34 billion ?
Source: BusinessInsider - 🏆 729. / 51 Read more »