IBM and Red Hat, provider of open source cloud software, announced Oct. 28 that the companies have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common ...

One of many red fedoras on display inside Red Hat’s office building in downtown Raleigh. Travis Long tlong@newsobserver.com At IBM’s Investor Day event in New York City this week, the first the ...

IBM announced July 9 that it closed its $34 billion acquisition of Red Hat, an open-source cloud software vendor. 1. Through the acquisition, IBM and Red Hat will offer a hybrid, open-source platform ...

IBM is moving quickly to tie its legacy software portfolio into its newly-acquired Red Hat assets. It’s making those services available through Cloud Paks that rely on Red Hat’s Kubernetes-based ...

Software firm Red Hat has more than 50 locations across the world, but its largest is at its downtown Raleigh tower. Zachery Eanes News & Observer file photo Since IBM purchased the Raleigh ...

Software firm Red Hat has more than 50 locations across the world, but its largest is at its downtown Raleigh tower. Zachery Eanes News & Observer file photo In 2019, IBM purchased the Raleigh ...

(Reuters) - IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business ...