IBM (NYSE: IBM) has closed its acquisition of Red Hat for $190 in cash per share or approximately $34B.

IBM (NYSE: IBM) has secured unconditional approval from the European Commission for its proposed acquisition of Red Hat (NYSE: RHT) for $34B cash, nearly two months after the U.S. Department of Justice cleared the transaction. The commission said Thursday the merger, which both companies first announced in October 2018, would not put market competition at risk.

TYSONS CORNER, VA, May 24, 2019 — David Egts, chief technologist of Red Hat‘s (NYSE: RHT) North American public sector business, said predictive analytics tools and digital assistants are some of the resources already utilizing artificial intelligence that government agencies can look into as they move to adopt the technology, …

TYSONS CORNER, VA, May 16, 2019 — Red Hat (NYSE: RHT) collaborated with Lockheed Martin (NYSE: LMT) to utilize open source architecture, DevSecOps practices and an Agile methodology for the development and deployment of updates for the U.S. Air Force’s F-22 Raptor fleet, ExecutiveBiz reported May 7. The open source …

Jim Garrettson, founder and CEO of Executive Mosaic, presented Paul Smith, senior vice president and general manager of Red Hat’s Public Sector, with his third Wash100 Award on Wednesday.  Executive Mosaic recognizes Smith for accelerating the use of hybrid cloud platforms and other technology to assist federal agencies and grow …

David Egts, chief technologist for the North American public sector at Red Hat (NYSE: RHT), has said there are several tools that could help government agencies facilitate the adoption of artificial intelligence. Those include AI toolkits such as TensorFlow open-source software, predictive analytics tools like Red Hat Insights and AI-based …

TYSONS CORNER, VA, May 8, 2019 — David Egts, chief technologist of Red Hat‘s (NYSE: RHT) North American public sector business, said open source and hybrid cloud platforms will be key to federal agencies’ adoption of high-performance computing, ExecutiveBiz reported April 25. Egts wrote in a GCN guest piece published …

The Department of Justice has completed its assessment of the proposed $34B acquisition of Red Hat (NYSE: RHT) by IBM (NYSE: IBM). IBM also secured a notice of early termination of the required waiting period for the transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the company said Friday …

TYSONS CORNER, VA, February 15, 2019 — David Egts, chief technologist for Red Hat‘s (NYSE: RHT) North American public sector business, has said government agencies can collaborate with vendors to determine if their existing technology delivers the agency’s needed security capabilities, ExecutiveBiz reported Feb. 6. Egts wrote in a guest …

TYSONS CORNER, VA, January 8, 2018 — David Egts, chief technologist for the North American public sector business at Red Hat (NYSE: RHT), has identified open source training as an approach that the federal government can take to advance the cybersecurity and information technology skills of its workforce, ExecutiveBiz reported …