https://techcrunch.com/2019/07/09/ibm-closes-red-hat-acquisition-for-34-billion/ > We’ve known it was coming since late last year, but now it’s final: IBM has wrapped up its $34B acquisition of Red Hat, completing what is one of the largest tech acquisitions of all time. > IBM originally announced its intent to acquire the Linux developer in October of last year. The US Department of Justice gave its stamp of approval in May, and the last big potential roadblock was removed when the EU gave its unconditional approval at the end of June.