IBM is nearing a deal to buy software maker Red Hat for more than $20 billion
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IBM close to deal to acquire software company Red Hat: BloombergInternational Business Machines Corp. is close to a deal to acquire software company Red Hat Inc. [s:rht], Bloomberg News reported Sunday, citing people familiar with the matter. A deal could be announced later in the day, they said, although the terms were not available, according to Bloomberg. Red Hat closed Friday down 0.7% and is down about 3% on the year, while IBM has fallen about 18%. The Dow Jones Industrial Average has gained about 1% in 2018.
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IBM to acquire software company Red Hat for $34BThe transaction is by far IBM’s biggest acquisition. It underscores IBM chief executive Ginni Rometty’s efforts to expand the company’s subscription-based software offerings, as it faces slowing software sales and waning demand for mainframe servers.
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IBM to acquire software company Red Hat for $34 billionIBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat I...
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IBM to acquire software company Red Hat for $34 billionIBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat I...
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IBM is reportedly nearing a deal to acquire Red HatIBM reportedly nearing deal to acquire open-source enterprise software makers Red Hat.
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IBM nears deal to acquire cyber security company Red Hat: sourcesIBM Corp is nearing deal to acquire software company Red Hat Inc in a deal that ...
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IBM to acquire cloud computing firm Red HatIBM is buying open software company Red Hat for $34 billion in a deal that could reshape cloud computing
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In Major Acquisition, IBM Will Acquire Open-Source Software Company Red HatIBM will acquire Red Hat for $190 per share, in a deal worth approximately $34 billion. Both companies took pains to say the Red Hat ethos and commitment to open source would continue.
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IBM to buy Red Hat for 63% premium in big play for the cloudInternational Business Machines Corp. says Sunday it plans to be the world’s largest hybrid cloud provider in acquiring open-source software company Red Hat Inc. for 63% above Friday’s closing price.
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