IBM: Will acquire Red Hat for 33,4 twice

IBM has agreed to acquire Red Hat Inc. for 33,4 billions of dollars. IBM will go on the market because it is interested in boosting the cloud.

The International Machines Corp. θα πληρώσει 190 δολάρια ανά μετοχή σε μετρητά για την Red Hat μια εταιρεία ανάπτυξης λογισμικού με έδρα τη Βόρεια Καρολίνα, σύμφωνα με μια κοινή δήλωση των εταιρειών,σήμερα Κυριακή.IBM

"The acquisition of Red Hat is changing the game, changing everything about the cloud market," said Ginni Rometty, IBM President and CEO.

Rometty, 61, has been trying for years to direct a 107 company to more modern businesses such as cloud, artificial intelligence, and security software.

In its third-quarter results, IBM disappointed investors looking for more progress after six years of declining sales that had turned profitable earlier in 2018. So buying Red Hat will give IBM an immediate boost to its income from cloud market as well as a number of very reliable software.

"We're going to magnify what Red Hat is doing deeper in many more businesses than they were able to have," Rometty told Bloomberg.

Τα έσοδα από την Red Hat, η οποία πωλεί λογισμικό και που βασίζονται στο Linux, αναμένεται να ξεπεράσουν τα 3 δισεκατομμύρια δολάρια για πρώτη φορά φέτος, καθώς το προϊόν Red Hat Enterprise Linux της εταιρείας προσελκύει επιχειρήσεις από μεγάλους πελάτες. Το τελευταίο τρίμηνο η εταιρεία ανέφερε ρεκόρ 11 συμβάσεων αξίας άνω των 5 εκατομμυρίων δολαρίων η καθεμία και 73 συμβάσεις με πάνω από 1 εκατομμύριο δολάρια, σύμφωνα τον αναλυτή της JMP Securities Greg McDowell.

IBM promised to continue to increase the dividend and not to cut jobs after the deal.
So Red Hat makes IBM "a reliable player in the cloud now - both in the private and in the hybrid cloud," said Bloomberg Intelligence analyst Anurag Rana.
Goldman Sachs Group Inc. and the Chase & Co. advised IBM on the deal and providing financing.

"Knowing first hand how important open source hybrid technologies are and how much they help businesses, we want to bring these two companies together," said JPMorgan CEO Jamie Dimon.

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