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Tag Archives: featured

IBM-Red Hat Merger Receives EU Approval

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.

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Elizabeth Stober Appointed Cambridge Business Development Director

Elizabeth Stober, former senior director of business development at Leonardo DRS' global enterprise solutions business, has joined logistics and security services contractor Cambridge director of business development. She started her corporate career at DynCorp International as a program administrator and later held business development roles at Scientific Research Corp., QinetiQ North America and TASC.

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