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1 min read

IBM to launch GenAI Innovation Center in Kochi

Tech giant IBM on Monday announced the launch of its GenAI Innovation Center in Kochi which, it sai…

PTI   


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4 mins read

India is one of the strongest markets in the world with its fundamentals: Red Hat CEO

Red Hat CEO Matt Hicks discusses India's tech growth, AI's job impact, and Red Hat's collaborations…

PTI   


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2 mins read

IBM, Meta launch AI Alliance to build open, responsible AI

"This is a pivotal moment in defining the future of AI. IBM is proud to partner with like-mind…

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2 mins read

Hybrid cloud — IBM's new CEO wants a fourth platform for the company

Long before the Coronavirus pandemic IBM was already in the process of appointed a new CEO — Arvi…

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2 mins read

Donald Trump may have to order samosas next time he meets all-American tech CEOs, quips Anand Mahindra

IBM — one of America’s oldest tech companies — has been setting standards in diversity in its …

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1 min read

Airtel selects IBM, Red Hat to build open cloud network for 5G, emerging tech

"The hybrid cloud architecture will resonate with our customer-obsession by providing improved fle…

PTI   


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2 mins read

IBM is paying a 'rich valuation' for Red Hat

IBM said it will $190 a share in cash - a more than 60% premium to Friday's closing price - for all…

Ethel Jiang   


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1 min read

IBM, Airtel tie up to power Indian enterprises in 5G era

"As India gears up to experience 5G, we see a massive opportunity to help businesses across in…

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3 mins read

Six months after IBM spent $34 billion to acquire an open source software company, IBM's Q4 results showed that 'Red Hat goodness is kicking in'

The earnings results are good news for a tech behemoth which has repeatedly posted slumping revenue…

Benjamin Pimentel   


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2 mins read

Here's who will get richer when IBM buys Red Hat for $34 billion

Paul Cormier, Red Hat's executive VP of engineering, is in second place, with stock holdings valued…

Nick Bastone   


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2 mins read

Tech stocks are surging after IBM agrees to pay $34 billion for Red Hat

Elsewhere, earnings season continues, with HSBC posting a 28% jump in pre-tax profits for the third…

Gina Heeb   


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3 mins read

IBM explains why it believes its $34 billion acquisition of Red Hat 'changes everything about the cloud market' - and why Red Hat will stay independent

This piecemeal approach, called "hybrid cloud," is only growing in popularity: Some businesses, esp…

Matt Weinberger   


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3 mins read

The 2 skills the CIO of IBM's Red Hat says tech chiefs need to develop right now to combat employee resistance to digital overhauls

It's giving chief information officers more visibility within the C-suite and among rank-and-file e…

Joe Williams   


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7 mins read

Here's why software developers are worried about IBM's $34 billion acquisition of Red Hat

"[IBM pledging support for Linux] was a major move towards legitimizing this movement," Bill Karpov…

Rosalie Chan   


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3 mins read

A Wall Street analyst says Red Hat's CEO is seen by investors as the likely successor to IBM chief Ginni Rometty

Whitehurst's possible ascent to the IBM's top post has come up in media reports in the past. The la…

Benjamin Pimentel   


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1 min read

IBM is reportedly nearing a deal to acquire Red Hat, the software company valued at $20 billion

It's unclear how much the deal is worth, though a source tells Business Insider that it's in the te…

Becky Peterson   


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5 mins read

Red Hat is getting a new logo ahead of its acquisition by IBM, and six employees have already gotten tattoos of it

"Culturally, this is not just the logo for us Red Hatters," Madrigal said. "It's our culture, it's …

Rosalie Chan   


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2 mins read

'Patience is wearing thin' as IBM reports yet another quarter of falling revenues, but its $34 billion Red Hat buy is a bright spot

"This may be a record for down quarters in a corporation without a change in leadership," he added.…

Benjamin Pimentel   


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4 mins read

Meet IBM's new ceo, who spearheaded the $34 billion purchase of Red Hat as part of a master plan towards conquering a $1 trillion market

"This gives us a massive reach to take AI tools and give them to people wherever they want," he tol…

Benjamin Pimentel   


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4 mins read

IBM's $34 billion Red Hat acquisition came after deal talks with Microsoft, Google and Amazon, sources say

Microsoft, which according to one source is referenced throughout the proxy statement as "Party A,"…

Becky Peterson