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Monday, 14 October 2019 06:54
Red Hat sacks CFO for violating workplace standards
IBM-owned open source vendor Red Hat has sacked its chief financial officer Eric Shander over what the company has described as a violation of workplace standards.
Published in
Strategy
Wednesday, 10 July 2019 05:01
IBM closes acquisition of Red Hat for US$34b
IBM and Red Hat have announced they have closed the deal under which the former acquired the open source firm for approximately US$34 billion in an acquisition announced last October.
Published in
Deals
Friday, 21 June 2019 10:42
Red Hat records another good quarter, could reach US$4b for year
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
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