Home » General World News » 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)

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)





Ginny Rometty

  • 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 >>>

Source:: BusinessInsider.Com

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