In the largest acquisition in its history, IBM is buying Red Hat, the leading distributor of the open-source operating system Linux, in a move designed to bolster its hybrid cloud offering. In the ...

RALEIGH, N.C. -- IBM is acquiring Raleigh-based Red Hat Inc., a major distributor of open-source software and technology, in a deal worth $34 billion, the companies announced on Sunday. In a joint ...

IBM is moving quickly to tie its legacy software portfolio into its newly-acquired Red Hat assets. It’s making those services available through Cloud Paks that rely on Red Hat’s Kubernetes-based ...

IBM's planned $34 billion acquisition of Red Hat is not aimed at bringing a quick hit to Big Blue in the federal market. IBM's $34 billion acquisition of Red Hat is not aimed at bringing a quick hit ...

At IBM’s Investor Day event in New York City this week, the first the company has held since 2021, a word executives stressed was “software.” And two other words top IBM brass highlighted again and ...

IBM investors latched onto a sliver of hope as flat — at best — fourth quarter and full-year 2019 results were bolstered by the promise of a better 2020 thanks to its Red Hat-infused cloud business.

Explore IBM's strategic acquisition of Red Hat and Red Hat's pivotal role in server infrastructure. Discover how Red Hat's ...

IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to software and AI via Red Hat. Red Hat remains a top Wake County ...

Add Yahoo as a preferred source to see more of our stories on Google. Facing legal challenges and White House pressure, IBM has ditched a corporate policy which considered diversity hiring when ...

We examine whether ‘Big Blue’ can go the distance in the age of AI.

One of many red fedoras on display inside Red Hat’s office building in downtown Raleigh. Travis Long tlong@newsobserver.com At IBM’s Investor Day event in New York City this week, the first the ...