Displaying items by tag: Ginni Rometty

Tech giant IBM will sell one of its remaining divisions and disappear into the company it acquired last year — open source firm Red Hat — the veteran technology scribe Robert X. Cringely says in his annual tech predictions.

Published in Enterprise Solutions
Wednesday, 10 July 2019 05:01

IBM closes acquisition of Red Hat for US$34b

IBM and Red Hat have announced they have closed the deal under which the former acquired the open source firm for approximately US$34 billion in an acquisition announced last October.

Published in Deals
Monday, 29 October 2018 05:28

IBM to acquire Red Hat for US$34 billion

Tech services and hardware vendor IBM has acquired open source company Red Hat for a sum of about US$34 billion, the two companies announced on Sunday, US time.

Published in Deals
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