IBM officially acquires Red Hat for $34 billion -- Linux distros are unaffected

BetaNews
By Mark Wyciślik-WilsonJul 9, 2019, 11:44 am160 pts
IBM has closed its acquisition of Red Hat following the statement of intent back in October. Following the $34 billion deal, Red Hat will operate as a distinct unit within IBM -- and will be reported as part of IBM's Cloud and Cognitive Software segment. For IBM, the deal means fully embracing open source as it…

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