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The largest software acquisition ever: IBM to buy Red Hat for $34B

The largest software acquisition ever: IBM to buy Red Hat for B At a price typically reserved for semiconductor companies, telecoms, and pharmaceutical giants, IBM announced today it would pay a record $34 billion in cash and debt to acquire enterprise open source provider Red Hat. Eclipsing Microsoft’s $26.2 billion acquisition of […]

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Microsoft promises to keep GitHub independent and open

Microsoft promises to keep GitHub independent and open Microsoft today announced its plans to acquire GitHub for $7.5 billion in stock. Unsurprisingly, that sent a few shock waves through the developer community, which still often eyes Microsoft with considerable unease. During a conference call this morning, Microsoft CEO Satya Nadella, incoming GitHub […]

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Rackspace acquires Salesforce specialist RelationEdge

Rackspace acquires Salesforce specialist RelationEdge Rackspace today announced that it has acquired RelationEdge, a Salesforce implementation partner and digital agency. The companies did not disclose the financial details of the acquisition. At first, this may sound like an odd acquisition. Rackspace is still best known for its hosting and managed cloud and […]

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Crunch Report | Apple Confirms Shazam Acquisition

Crunch Report | Apple Confirms Shazam Acquisition Apple confirms its Shazam acquisition, MyEtherWallet knockoff goes live on the App Store and is now removed and the NFL is partnering with Verizon and is now streaming football games to everyone. All this on Crunch Report. Read More Source: techCrunch

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