https://www.theregister.co.uk/2019/07/09/ibm_red_hat_acquisition/

IBM has officially completed the acquisition of Red Hat for around $34bn.

The deal was made public in October 2018. The official spin is that it is all about hybrid cloud. Red Hat is a specialist in packaging and supporting open-source software for enterprises, including OpenStack cloud computing, OpenShift container and Kubernetes platform, the JBoss application platform, and Ansible DevOps automation.