Red Hat acquires Noobaa

Red Hat acquires Noobaa

Soon after Red Hat’s acquisition by IBM, Red Hat is now acquiring Noobaa. These two moves are related and have been seen as an excellent business strategy, to gain technological advantage. The worth of IBM’s Red Hat acquisition was 34 billion dollars. In turn, Red Hat...
IBM to acquire Red Hat: an overview

IBM to acquire Red Hat: an overview

IBM’s announcement to acquire RedHat – the open source distribution giant – hit the headlines on last Sunday. This deal was done at a premium of more than 60% and its $34 billion price tag shook the cyber world. Due to revenue-decline for some years, IBM needed plans...