IBM completed its $34 billion acquisition of open-source software vendor Tuesday in a move the company said will make it a leader in the market for hybrid cloud computing. The acquisition wraps up ...

Solution providers Monday said they see great potential from IBM's $34 billion blockbuster acquisition of Red Hat, but their biggest fear is that Big Blue will derail Red Hat's channel and open ...

IBM on Tuesday closed its $34 billion purchase of Red Hat, the tech giant's biggest acquisition ever, which Big Blue hopes will boost its bid to dominate in hybrid cloud - a market that it sees as ...

TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including IBM and Ares Capital.

The other key decision that IBM made was to acquire RedHat in a $34 billion deal. This buyout gave IBM a platform that helps ...

In 2019, IBM acquired the North Carolina open source software company Red Hat in one of the largest software deals ever. It’s expressed no regrets.

Red Hat, the open source software firm IBM bought out in 2019 for $34 billion, has nearly doubled its revenue since being ...

IBM — International Business Machines Corporation — (IBM) stock has surged in 2024, outpacing the rest of the market and ...

The transformation began in earnest when Arvind Krishna, then the head of IBM's cloud and cognitive software division, spearheaded the $34 billion acquisition of Red Hat. This purchase meant a ...

Big Blue has reported its financial results for the third quarter of 2024, and the thing that stands out most is not the System z16 mainframes and Power10 ...

On Friday, IBM Common Stock (IBM) stock saw a decline, ending the day at $214.67 which represents a decrease of $-3.72 or -1.70% from the prior close of $218.39. The stock opened at $216.8 and touched ...

What does remain to be seen is how IBM embraces this new culture of openness and community. At the Red Hat Summit in May, IBM CEO Ginni Rometty said in effect that IBM will be hands-off ...