IBM’s $34B Red Hat Aquisition Makes It the World’s Largest Hybrid Cloud Provider

International Business Machines Corp (IBM) on Tuesday announced the completion of its $ 34 billion acquisition of the software company Red Hat Inc making it IBM’s largest acquisition ever in its 100-year-plus history. The acquisition positions IBM as the world’s leading hybrid cloud provider. Ginni Rometty, IBM chairman, president and CEO says businesses are headed…

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