Wednesday, October 31, 2018

IBM to buy Redhat.

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.