After IBM-Red Hat, cloud companies such as Workday, Okta, MongoDB could be next, analysts say

After IBM-Red Hat, cloud companies such as Workday, Okta, MongoDB could be next, analysts say

6 years ago
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https://www.cnbc.com/2018/10/29/workday-okta-mongodb-other-cloud-ma-targets-after-ibm-red-hat.html

Analysts are looking at other midsize infrastructure technology companies as possible acquisition targets after IBM's $34 billion acquisition of Red Hat was announced Sunday.

IBM's move is the biggest software deal ever, going beyond what Microsoft paid for LinkedIn and what Facebook paid for WhatsApp. Companies competing with IBM — and Red Hat — could well be getting ready to respond with deals of their own.

After IBM-Red Hat, cloud companies such as Workday, Okta, MongoDB could be next, analysts say

Oct 29, 2018, 6:18pm UTC
https://www.cnbc.com/2018/10/29/workday-okta-mongodb-other-cloud-ma-targets-after-ibm-red-hat.html > Analysts are looking at other midsize infrastructure technology companies as possible acquisition targets after IBM's $34 billion acquisition of Red Hat was announced Sunday. > IBM's move is the biggest software deal ever, going beyond what Microsoft paid for LinkedIn and what Facebook paid for WhatsApp. Companies competing with IBM — and Red Hat — could well be getting ready to respond with deals of their own.