Reading Time: 3 minutes This news is very huge: IBM is acquiring Red Hat for $34 billion ($190 per share in cash). The acquisition is expected to close in the latter half of 2019. Red Hat will remain a distinct unit in IBM, like was when VMware was acquired by EMC, and this is the first positive aspect to keep a proper independence of the company and the products. And the Red Hat unwavering commitment to Open Source innovation can remain unchanged.