IBM buys Redhat in US$34 Billion deal

In one of the largest software M&A ever, IBM has paid US$34 billion in cash to acquire the Enterprise opensource OS company Redhat. The merger was announced few hours before and has come as a shock to many a companies.

This marks a new era in IBM’s cloud push, but what would be interesting is to watch how IBM would treat Redhat’s cash cow Redhat Enterprise Linux. Will it let Redhat run as an independent entity or start tightly coupling it with IBM’s Power cpu architecture.

You can read more on the news in the link below:

https://www.businessinsider.com.au/ibm-is-reportedly-nearing-a-deal-to-acquire-redhat-the-software-company-valued-at-20-billion-2018-10?r=US&IR=Tred_hat_logo

 

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