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IBM Closes $34 Billion Red Hat Acquisition in Cloud Catch-Up - ITPro Today

Retrieved on: 2024-06-01 12:37:03

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IBM Closes $34 Billion Red Hat Acquisition in Cloud Catch-Up - ITPro Today. View article details on hiswai:

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The article details IBM's strategic $34 billion acquisition of Red Hat, aimed at bolstering its software development capabilities in the hybrid cloud market. This move aligns with IBM's shift towards leveraging cloud computing technologies against competitors like Amazon and Microsoft.

Article found on: www.itprotoday.com

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