Tag: business


IBM Acquisition of Red Hat

IBM to buy Red Hat for $34bn IBM is intended to acquire Linux’s Red Hat for $34bn. It was announced by both companies on October 28. The offer presented by IBM was of $190 per Red Hat share, and increase…


Hewlett Packard Enterprise Upbeat 2019 Profit Forecast

Hewlett Packard Enterprise Upbeat 2019 Profit Forecast Betting on Edge Tech Hewlett Packard Enterprise Co, the multinational enterprise information technology company based in Palo Alto, California, has given an earnings forecast for fiscal 2019 that went above some analysts’ estimates.…


Microsoft finalizes the acquisition of GitHub for $7.5 billion

Microsoft’s Acquisition of GitHub for $7.5BN Microsoft on their official blog announced that in October 26, 2018 they completed their acquisition of GitHub.  They said “the two companies will work together to empower developers to achieve more at every stage…

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