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IBM to buy Redhat.

Wed, 31 Oct 2018 14:05:24 GMT

An interesting deal.  IBM has a strong presence in this area, and of course Redhat is a Raleigh based company.   Details of the deal are here: https://www.marketplace.org/2018/10/29/business/ibm-bets-34-billion-cloud-computing-red-hat-purchase. A back of the envelope analysis suggests that there's about $7bn in merger gains.