Source: IBM to acquire Red Hat in deal valued at $34 billion IBM is acquiring Red Hat, a major distributor of open-source software and technology, in a deal valued around $34 billion, the companies announced on Sunday. According to a joint statement, IBM will pay cash to buy all shares in Red Hat at $190 each. Shares in Red Hat closed at $116.68 on Friday before the deal was announced. . . . Maybe that will kill the beasts. Debian and Linus forever. Bob Wilson
