In this week's episode we will be discussing the news about IBM acquiring Red Hat for $34 billion, with special guests Ritesh Patel, co-founder at Nirmata, and Benjamin Ball, TNS marketing director and native of Raleigh North Carolina, corporate headquarters of Red Hat. Every once in a while, an acquisition comes along with the potential of drastically changing the business landscape. Think back to Oracle buying Sun Microsystems, or, more recently, Microsoft buying GitHub. IBM's purchase of Red Hat could very well be in that category. IBM is buying Red Hat for $34 billion, a 64 percent premium over Red Hats closing price last Friday. This event is significant in several different ways, not to mention that this is the largest software only acquisition till date.
In this week's episode we will be discussing the news about IBM acquiring Red Hat for $34 billion, with special guests Ritesh Patel, co-founder at Nirmata, and Benjamin Ball, TNS marketing director and native of Raleigh North Carolina, corporate headquarters of Red Hat.
Every once in a while, an acquisition comes along with the potential of drastically changing the business landscape. Think back to Oracle buying Sun Microsystems, or, more recently, Microsoft buying GitHub. IBM's purchase of Red Hat could very well be in that category. IBM is buying Red Hat for $34 billion, a 64 percent premium over Red Hats closing price last Friday. This event is significant in several different ways, not to mention that this is the largest software only acquisition till date.