IBM buys Red Hat for $34 Billion, it is largest software transaction in history

IBM buys Red Hat for $34 Billion, it is largest software transaction in history IBM announced it is going to buy the open source company Red Hat for $34bn with the intent to enhance its cloud offerings. This is the biggest tech merger in history involving a software company. Red Hat was founded in 1993, it currently operates in 35 countries and employs some 12,000 people. The company achieved a net profit of […] The post IBM buys Red Hat for $34 Billion, it is largest software transaction in history appeared first on Security Affairs. Read More At -> https://blog.cripperz.sg/2018/10/29/ibm-buys-red-hat-for-34-billion-it-is-largest-software-transaction-in-history/