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Monday, October 29, 2018

IBM to Acquire Software Company Red Hat for $34 Billion

IBM to Acquire Software Company Red Hat for $34 Billion

October 29, 2018 Top Business News- News18.com , 0 Comments
The transaction is by far IBM's biggest acquisition. It underscores IBM Chief Executive Ginni Rometty's efforts to expand the company's subscription-based software offerings, as it faces slowing software sales and waning demand for mainframe servers.

from Top Business News- News18.com https://ift.tt/2SuwRh5
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