IBM TO ACQUIRE RED HAT, COMPLETELY CHANGING THE CLOUD LANDSCAPE AND BECOMING WORLD’S #1 HYBRID CLOUD PROVIDER

[giraffelife]

Most significant tech acquisition of 2018 will unlock true value of cloud for business IBM and Red Hat to provide open approach to cloud, featuring unprecedented security and portability across multiple clouds Deal accelerates IBM’s high-value business model, making IBM the #1 hybrid cloud provider in an emerging $1 trillion growth market Acquisition will be free cash flow and gross margin accretive within 12 months, accelerate revenue growth and support a solid and growing dividend IBM to maintain Red Hat’s open source innovation legacy, scaling its vast technology portfolio and...

https://www.redhat.com/en/about/press-releases/ibm-acquire-red-hat-completely-changing-cloud-landscape-and-becoming-world%E2%80%99s-1-hybrid-cloud-provider