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IBM buys cloud computing firm Red Hat for $34B

New York Post - 29 Oct 2018 06:36
IBM buys cloud computing firm Red Hat for $34B IBM is buying cloud computing company Red Hat for $34 billion, its biggest acquisition ever, the company announced on Sunday. The deal is a challenge to Amazon, Google, and Microsoft, which have dominated the cloud -- another term for third-party data storage. "The acquisition of Red Hat is a game-changer. It changes everything about the...
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