IBM Buying Red Hat for $34B, Turning Cloud Upside Down | Light Reading

IBM rocket-boosts its flagging cloud business by acquiring the open source pioneer.

IBM, which has been struggling recently to keep up with its cloud competitors, just gave itself a rocket boost with the $34 billion acquisition of Red Hat Software, which was announced Sunday.

Source: IBM Buying Red Hat for $34B, Turning Cloud Upside Down | Light Reading

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