In Major Acquisition, IBM Will Acquire Open-Source Software Company Red Hat

NPR 

Tech giant IBM announced Sunday that it will acquire open source software company Red Hat. The company's logo is seen here at the Mobile World Congress in Barcelona, Spain, in February. Tech giant IBM announced Sunday that it will acquire open source software company Red Hat. The company's logo is seen here at the Mobile World Congress in Barcelona, Spain, in February. In what may be the most significant tech acquisition of the year, IBM says it will acquire open-source software company Red Hat for approximately $34 billion.