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IBM to acquire software company Red Hat for $34 billion

October 28, 2018 admin 0

(Reuters) – IBM Corp (IBM.N) said on Sunday it had agreed to acquire U.S. software company Red Hat Inc (RHT.N) for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting […]

IBM nears deal to acquire software company Red Hat: sources

October 28, 2018 admin 0

The deal would be by far IBM’s biggest acquisition. It underscores IBM CEO Ginni Rometty’s efforts to expand the company’s subscription-based software offerings, as it faces slowing software sales and waning demand for mainframe […]