17 June 2022 22:04

Red Hat acquired by IBM

How much did IBM spend on Red Hat?

$34 billion

IBM has been in the midst of a strategy shift with a focus on hybrid cloud and AI since Arvind Krishna was promoted to CEO in last year. Red Hat, the software company it purchased for $34 billion in 2018 has been at the center of it all.

How many employees work at Red Hat?

Red Hat

The new logo since May 1, 2019
Red Hat Tower, the headquarters of Red Hat
Total equity US$1.613 billion (2018)
Number of employees 19,000 https://www.redhat.com/en/about/company-details
Parent IBM

Who owns Acer?

Stan Shih

Acer was founded in 1976 by Stan Shih (Chinese: 施振榮), his wife Carolyn Yeh, and five others as Multitech in Hsinchu City, Taiwan.