green light to the purchase of Red Hat by IBM

green light to the purchase of Red Hat by IBM With this transaction, IBM intends to compete with Amazon, Microsoft, Google and Amazon in the business of data management infrastructure.

Investors Red Hat, empresa especializada en el desarrollo de programas de c digo abierto para empresas basados en Linux, han dado este mi rcoles su visto bueno para la fusi n con IBM in a transaction valued at 34.000 million of dollars.

Of the more than 176 million shares of Red Hat, about 141 million voted in favor of the merger and only 181,848 voted against during the shareholders meeting held at its headquarters in Raleigh (North Carolina).

The purchase must now be approved by the regulatory bodies to be delivered by mid-year.

In October, Red Hat announced that the technology giant IBM would buy software company to $ 190 per share, a figure representing about 60 percent of the premium of the shares of Red Hat at the time of the announcement.

Red Hat shares were trading at around $ 175.58 after it unveiled the result of the vote on a report Securities and Exchange.

Red Hat shareholders also voted in favor of "compensation for non-binding advisory vote" that Red Hat executives would be paid "in connection with the merger."

Red Hat, which has more than 2,000 employees at its headquarters, IBM intends to compete with Amazon, Microsoft, Google and Amazon in the business of data management infrastructure.

LINK:	https://www.panoramaaudiovisual.com/en/2019/01/17/luz-verde-compra-red...
	See more stories from panoramaaudiovisual

Most recent headlines