Category Archives: tech acquisition

IBM Buys “Red Hat” Open-Source Software Company for $34 Billion

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It’s been quite a year for the open source platforms.

Earlier this year, Microsoft acquired popular code repository hosting service GitHub for $7.5 billion, and now IBM has just announced the biggest open-source business deal ever.

IBM today confirme… Continue reading IBM Buys “Red Hat” Open-Source Software Company for $34 Billion→

Oracle acquires DNS provider Dyn for more than $600 Million

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Yes, Oracle just bought the DNS provider company that brought down the Internet last month.

Business software vendor Oracle announced on Monday that it is buying cloud-based Internet performance and Domain Name System (DNS) provider Dyn.

Dyn is the s… Continue reading Oracle acquires DNS provider Dyn for more than $600 Million→

Verizon Set to Buy Yahoo for $5 Billion — Here’s Why a Telecom is so Interested!

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Finally, Someone has come forward to buy Yahoo! Guess Who?

The telecommunication giant Verizon.

Yes, Verizon Communications Inc. is reportedly closing in on a deal to acquire Yahoo’s core business for about $5 Billion, according to a report from Bloomberg.
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Since the agreement between the companies has not been finalized, it is unclear at this moment that which Yahoo’s assets

Continue reading Verizon Set to Buy Yahoo for $5 Billion — Here’s Why a Telecom is so Interested!→