IBM to acquire software company Red Hat for $34 billion

  • 📰 Reuters
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

IBM nears deal to acquire software company Red Hat: sources

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Drag it with them in their grave..

don't how one can be worth that much when coding for free?

Red hat = bad Orange Man = bad IBM = bad Resist

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »

Red Hat jumps, IBM shares dip on cloud mega-mergerIBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small bu... IBM should stake a claim as an affordable 5G satellite ISP/mobile telecom.
Source: Reuters - 🏆 2. / 97 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 »

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 »

Tech stocks are surging after IBM agrees to pay $34 billion for Red Hat | Markets InsiderTech stocks are geting mauled, Dow drops more than 650 points from its highs It's time to cash out!
Source: BusinessInsider - 🏆 729. / 51 Read more »