IBM completes acquisition of Red Hat for $34 Billion

IBM completes acquisition of Red Hat for $34 Billion: IBM and Red Hat have announced that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion. The acquisition redefines the cloud market for business.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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