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IBM Will Have To Wait For EU’s Red Hat Decision

By John F. Heerdink, Jr.
According to reports, International Business Machines Corporation’s (IBM) $34 billion bid for Red Hat, the world’s leading provider of open source solutions, will just have to wait for the EU antitrust regulator’s decision & possibly until June 27. Touted as IBM’s “biggest deal ever,” Red Hat, a software company specializing in Linux operating systems, is thought to help IBM expand its subscription-based software business. The deal received approval by U.S. regulatory authorities earlier this month. Dow 30 component International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. IBM announced recently two significant quantum processor upgrades for its IBM Q early-access commercial systems. These upgrades represent rapid advances in quantum hardware as IBM continues to drive progress across the entire quantum computing technology stack, with focus on systems, software, applications, and enablement. To learn more about International Business Machines Corp (IBM) and to track its ongoing progress please visit the Vista Partners IBM Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners! It’s FREE to receive email updates.

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EU regulators to decide on IBM’s $34 billion Red Hat bid by June 27

BRUSSELS (Reuters) – EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp’s $34 billion (£26.8 billion) bid for software company Red Hat. ….. finance.yahoo.com
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