In what one Wall Street analyst called “game changing”, IBM announced over the weekend that it will be purchasing U.S. software company Red Hat Inc. for $34 billion. IBM will be paying $190 a share in cash for Red Hat and says it plans to suspend its share repurchase program in 2020 and 2021 in … Continue reading “IBM is Making a Game Changing Acquisition with Red Hat for $34 Billion”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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