IBM says it plans to suspend its stock buyback program in 2020 and 2021 because of the deal, albeit while promising to support "a solid and growing dividend" going forward. In return for $34 ...

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 ...

IBM shares slumped to the lowest level in nine years Monday after the group said it would pay the equivalent of nearly a third of its market value for Red Hat in a $34 billion deal that both jump ...

That appears to have made it an essential cloud stock, as it is now the world’s fifth-largest cloud company.” IBM’s renewed ...

IBM sees a $1 trillion market that it reckons it can dominate The company says it expects hybrid cloud to grow into a $1 trillion market that Big Blue will dominate. Buying Red Hat for $34 billion ...

IRG bought the 490-acre former IBM property in 2018 for nearly $34 million. About half of the site is occupied by the office complex, which was built in the 1950s as one of the nation’s first ...

Girl Scouts of NYPENN Pathways is honoring an exceptional woman for her years-long dedication to her career and the community ...

That is a margin of 34%. IBM expects growth at single-digit percentages for 2024. Microsoft’s will be well into the double digits. IBM’s business never got off the ground in cloud ...

PJT Partners shares gained 1.4% to settle at $123.34 on Wednesday. NANO Nuclear Energy shares gained 2.7% to close at $11.20 during Wednesday's session. IBM shares rose 0.6% to close at $197.21 on ...

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 ...