I've been following Linux, IBM, and Red Hat since Linus Torvalds was a graduate student. So, after IBM began its Red Hat acquisition for $34 billion, I've been watching it like a hawk. I spoke to ...

IBM has announced its widely unexpected intention to acquire Red Hat. For me and others I’ve spoken to, this is a stunning event that represents more than the $34B bet that IBM just placed on ...

IBM just closed its $34 billion acquisition of cloud software giant Red Hat, the biggest acquisition in the tech giant's history. As the deal closed, IBM vowed once more to keep Red Hat independent.

So IBM’s stock, currently priced at a price-earnings (P/E) ratio of 14.5 this year may not yet be a bargain for a year or so, until the benefits of the Red Hat begin to flow through.

When it was announced last October, IBM's (NYSE: IBM) acquisition of open-source software provider Red Hat shocked the tech world. It was the largest deal in IBM's storied history, and one of ...

On the bright side, software revenues were up 7.2% in IBM’s most recent quarter to $6.6 billion with Red Hat leading the way up 11%, making the $34 billion purchase in 2018 look better with each ...

This is no trick, and whether it's a treat remains to be seen: IBM and Red Hat executives announced Monday that IBM is acquiring the open source software and cloud services company in a $34 ...

IBM’s storage move makes good on the potential many saw with the company’s acquisition of Red Hat, said John Teltsch, chief revenue officer at Converge Technology Solutions, a Gatineau, Quebec ...

IBM announced on Sunday, 10/28, that it is buying Linux open source software company Red Hat for $34 B. IBM is acquiring all issued and outstanding common shares of Red Hat for $190 per share.

On Sunday, IBM CEO Ginni Rometty made a bold, head-turning claim about her company's $34 billion deal to acquire open source software maker Red Hat. "The acquisition of Red Hat is a game-changer ...

IBM has made some big acquisitions over the years, but none have been larger than the $34 billion deal to acquire Linux and cloud technology vendor Red Hat. IBM and Red Hat announced the ...

IBM has agreed to acquire Red Hat for $190 per share in cash. The total value of the deal is approximately $34 billion, making this the biggest Linux or open-source business deal ever. Red Hat is ...