Displaying items by tag: Jim WHitehurst

Open source company Red Hat has recorded an increase of 15% in its revenue year-on-year for the first quarter of the 2020 fiscal year which ended on 31 May.

Published in Open Source

Open source firm Red Hat, now owned by IBM, has crossed the US$3 billion annual revenue line for the first time, raking in US$3.4 billion, an increase of 15% year-on-year, for the financial year that ended on 28 February.

Published in Open Source
Monday, 29 October 2018 05:28

IBM to acquire Red Hat for US$34 billion

Tech services and hardware vendor IBM has acquired open source company Red Hat for a sum of about US$34 billion, the two companies announced on Sunday, US time.

Published in Deals

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