We spoke to 7 insiders about IBM’s $34 billion Red Hat takeover — here’s how the biggest software deal of all time came together (IBM)
|10/31/2018||Posted by BusinessMediaguide.Com under General World News||
- IBM’s planned acquisition of Red Hat for $34 billion is the result of a relationship between the two tech companies that stretches over 20 years.
- When the deal closes, it will be the largest software deal ever.
- We talked to seven people close to the deal to learn how it all came together.
IBM’s acquisition of Red Hat was 20 years in the making, but it was a 1-month long whirlwind courtship that sparked the announcement of the largest software deal ever.
The two tech companies began a collaboration to develop and grow Linux, the open-source software, in the 1990s. That partnership read more >>>