IBM Closes Landmark Acquisition of Red Hat for $34 Billion; Defines Open, Hybrid Cloud FutureAcquisition positions IBM as the leading hybrid cloud provider and accelerates IBM’s high-value business model, extending Red Hat’s open source innovation to a broader range of clientsIBM preserves Red Hat’s independence and neutrality; Red Hat will strengthen its existing partnerships to give customers freedom, choice and flexibilityRed Hat’s unwavering commitment to open source remains unchanged
