Article 41RW5 IBM To Acquire Red Hat

IBM To Acquire Red Hat

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from High-Performance Computing News Analysis | insideHPC on (#41RW5)
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Today IBM announced that the company plans to acquire all outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion. "One of the biggest enterprise technology companies on the planet has agreed to partner with us to scale and accelerate our efforts, bringing open source innovation to an even greater swath of the enterprise."

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