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IBM buys RedHat

Discussion in 'Fred's House of Pancakes' started by bwilson4web, Nov 3, 2018.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Source: IBM to acquire Red Hat in deal valued at $34 billion

    IBM is acquiring Red Hat, a major distributor of open-source software and technology, in a deal valued around $34 billion, the companies announced on Sunday.

    According to a joint statement, IBM will pay cash to buy all shares in Red Hat at $190 each. Shares in Red Hat closed at $116.68 on Friday before the deal was announced.
    . . .     ​

    Maybe that will kill the beasts. Debian and Linus forever.

    Bob Wilson
     
    #1 bwilson4web, Nov 3, 2018
  2. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    #2 ETC(SS), Nov 3, 2018
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