IBM Acquires Red Hat

Announced July 9, 2019 — $34B

What happened

Red Hat was a provider of open source software and solutions, acquired by IBM.

IBM's acquisition history

170th of 170 tracked deals

Disclosed prices

37 of 170 IBM deals

IBM's average disclosed price

$1.89B

IBM's largest disclosed deal

Tracked acquisitions in 2019

63 across all acquirers

IBM in Provider of open source software and solutions

1 acquisition

When did IBM acquire Red Hat?

IBM acquired Red Hat on July 9, 2019. This was IBM's 170th publicly tracked acquisition out of 170 we have on record.

How much did IBM pay for Red Hat?

IBM paid $34B for Red Hat.

What does Red Hat do?

Red Hat was a provider of open source software and solutions, acquired by IBM.

What other Provider of open source software and solutions companies has IBM acquired?

Red Hat is IBM's only publicly tracked acquisition in Provider of open source software and solutions so far.