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IBM CEO Ginni Rometty insists the 63% premium the tech giant is paying for Red Hat is a 'fair price'

IBM CEO Ginni Rometty insists the 63% premium the tech giant is paying for Red Hat is a 'fair price'

6 years ago
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https://www.cnbc.com/2018/10/29/ibm-ceo-ginni-rometty-63percent-premium-for-red-hat-is-a-fair-price.html

IBM Chair and CEO Ginni Rometty on Monday insisted the 63 percent premium the tech giant is paying for Linux software distributor Red Hat is a "fair price."

"I don't think the world realizes that Linux is the number one platform," Rometty said on CNBC's "Squawk Box," a day after Big Blue made its largest acquisition and the third-biggest U.S. technology deal ever.

IBM CEO Ginni Rometty insists the 63% premium the tech giant is paying for Red Hat is a 'fair price'

Oct 29, 2018, 12:20pm UTC
https://www.cnbc.com/2018/10/29/ibm-ceo-ginni-rometty-63percent-premium-for-red-hat-is-a-fair-price.html > IBM Chair and CEO Ginni Rometty on Monday insisted the 63 percent premium the tech giant is paying for Linux software distributor Red Hat is a "fair price." > "I don't think the world realizes that Linux is the number one platform," Rometty said on CNBC's "Squawk Box," a day after Big Blue made its largest acquisition and the third-biggest U.S. technology deal ever.