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IBM is Preparing to Close it's $34 Billion Acquisition of Red Hat

Summary by Martinwolf
Analysts say that IBM delivered a "mediocre" quarter, but now all eyes are on its forthcoming $34 billion acquisition of Red Hat and whether IBM's big bet will pay off. On Tuesday, IBM announced it generated $18.18 billion in revenue this past quarter, missing analysts' expectations of $18.51 billion. The following day, IBM's stock was down 4%.

The post IBM is Preparing to Close it’s $34 Billion Acquisition of Red Hat first appeared on martin…

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martinwolf broke the news on Thursday, November 12, 2026.
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