IBM Acquires Red Hat in $34 Billion Deal to Boost Cloud Computing 🚀

IBM Purchases Software Company <br />Red Hat for $34 Billion The massive deal is expected to be finalized in the second half of 2019. Both companies have called it the "most significant tech acquisition <br />of 2018." It is IBM's largest deal ever and the third-biggest in U.S. tech history. IBM Chief Ginni Rometty, via statement With its purchase, IBM can begin <br />providing technology to its <br />biggest competitors. These include Amazon, Microsoft and Google. Red Hat has partnerships with all of these tech giants, and IBM has said it will work to expand on them.