IBM Will Acquire Open-Source Software Company Red Hat In $34 Billion Deal

  • 📰 NPR
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

IBM says it will acquire open-source software company Red Hat for approximately $34 billion.

 

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

I've read that a few times.. IBM says it will acquire 'open-source software company' Red Hat for approximately $34 billion. WHY pay $34,000,000,000 for an OPEN SOURCE OS? Why not hire a few... (North Korean / even Russian) programmers at $1m per year to tweak / support? Huh

PBS is corrupt DefundPBS

“Open source” - a Petri dish for development, where umbrella corps are then bought for gobs of money, based on the unpaid genius of others.

Goodbye open source.

Pictured: IBM acquiring a Red Hat

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:

 /  🏆 96. in SG

Singapore Singapore Latest News, Singapore Singapore 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 »

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 »

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 »