IBM announced plans to acquire Red Hat in a deal valued at about $34 billion.
Prior to the acquisition, Red Hat's market capitalization stood at approximately $20.5 billion.
The acquisition is by far IBM's largest deal ever, and the third-biggest in the history of U.S. tech... read more.
Learn more- https://www.cnbc.com/2018/10/28/ibm-to-acquire-red-hat-in-deal-valued-at-34-billion.html
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