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DOJ Concludes IBM-Red Hat Transaction Review

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 …

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Wells Fargo Securities: IBM to Release 2018 Q4 Results, Initial 2019 Guidance

A Wells Fargo Securities report says IBM (NYSE: IBM) is scheduled to release on Tuesday its fourth-quarter results for 2018 and initial guidance for 2019. According to the report released Friday, shareholders of Red Hat (NYSE: RHT) approved a deal for IBM to acquire the Raleigh, N.C.-based software company for approximately …

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Red Hat Receives NIST Data Security Certifications for Linux Cryptographic Modules; Paul Smith Comments

TYSONS CORNER, VA, Dec. 20, 2016 — The National Institute of Standards and Technology has awarded Federal Information Processing Standard 140-2 certifications for nine Red Hat (NYSE: RHT) operating system cryptographic modules, ExecutiveBiz reported Wednesday. The FIPS certifications validate the compliance of the native cryptographic security platforms used by the company’s Enterprise Linux …

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Paul Smith: Red Hat Operating System Achieves Common Criteria Security Certification

TYSONS CORNER, VA, Oct. 28, 2016 — Red Hat‘s (NYSE: RHT) Linux 7.1 has achieved the Common Criteria Certification at Evaluation Assurance Level 4+ for an unmodified commercial operating system as part of the Operating System Protection Profile,  ExecutiveBiz reported Wednesday. The Common Criteria Certification validates the compliance of Linux 7.1 …

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Paul Smith: Red Hat Symposium to Highlight Role of Open Source on Government IT Modernization

TYSONS CORNER, VA, Oct. 13, 2016 —  Red Hat (NYSE: RHT) is set to host its annual symposium on Nov. 2 in Arlington, Virginia that aims to focus on the significance of open source technology on the digital modernization efforts of the government, ExecutiveBiz reported Wednesday. The 2016 Red Hat Government Symposium will feature breakout …

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Red Hat, NTT Communications Grow Cloud Relationship

Red Hat (NYSE: RHT) and NTT Communications have reached an agreement that will see NTT expand its use of Red Hat Enterprise Virtualization and Red Hat Enterprise Linux. Red Hat and NTT Communications joined up for cloud work last year. “As part of our growing cloud partnership with NTT Communications, …

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