Red Hat gave Google and other buyers a chance to bid before IBM's $34 billion offer, sources say

Red Hat probably won’t get an offer higher than the $190-per-share price from IBM, because rival suitors have already had a chance to bid, according to people familiar with the matter. Red Hat announced Sunday it had reached an agreement…

IBM CEO: Red Hat deal is a 'game-changer' that will grow cash flow and gross margins in first year

IBM’s roughly $34 billion deal to buy open-source software provider Red Hat — the third-largest technology deal in U.S. history — will create enormous value for Big Blue, IBM Chairman, President and CEO Ginni Rometty told CNBC on Monday. In…

Here's how Red Hat can help IBM in the cloud and beyond

IBM just agreed to spend $34 billion on Red Hat, the largest software deal ever. It’s by far IBM’s biggest deal in its 107-year history and follows five straight years of declining revenue at the company. There’s no guarantee such…

After IBM-Red Hat, cloud companies like Workday, Okta, MongoDB could be next, analysts say

Analysts are looking at other mid-size infrasctructure technology companies as possible acquisition targets after IBM pulled the trigger on its $34 billion acquisition of Red Hat. IBM’s move is the biggest software deal ever, going beyond what Microsoft paid for…