Bloomberg is reporting that IBM has agreed to acquire Red Hat for over $33 billion. “International Business Machines Corp. will pay $190 a share in cash for Raleigh, North Carolina-based Red Hat, according to a statement from the companies Sunday, confirming an earlier Bloomberg News report. That’s a 63 percent premium over Red Hat’s closing price of $116.68 per share on Friday.”
External feed Read More at the Source: https://lwn.net/Articles/769762/rss