IBM to buy Red Hat in deal valuing the open-source software company at $34bn

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IBM to buy Red Hat in deal valuing the open-source software company at $34bn

Red Hat governance, brands, headquarters and facilities to be retained under IBM ownership

IBM is to acquire Red Hat in an all-cash deal valuing the open-source software and services company at $34 billion, a premium of 63 per cent compared to Red Hat's closing share price on Friday. IBM...

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