IBM announced Sunday that it plans to buy Red Hat for $33.4 billion, including debt. The move would be the third-largest U.S. technology acquisition in history. IBM CEO Ginni Rometty: “The acquisition of Red Hat is a game changer” The company offered Red Hat shareholders $190 per share, a 63 percent premium above Friday’s closing Red Hat share price of $116.9 per share. IBM has said it’s focusing now on four areas: social, mobile, analytics and cloud.”]
Source: https://www.careersinfosecurity.com/ibm-to-buy-red-hat-for-34-billion-a-11647