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IT

Brazilian antitrust approves IBM's purchase of Red Hat

Friday 15 November 2019 | 11:11 CET | News
Brazil's Administrative Council of Economic Defense (Cade) authorized, without restrictions, the acquisition of Red Hat by IBM. Although horizontal overlaps have been identified in seven markets, in only two of them will the companies have a combined stake of more than 20 percent. The two markets are software-defined storage and container infrastructure software. However, the high concentration observed in these markets has not been sufficient to generate competitive concerns.

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Categories: IT
Companies: Red Hat
Countries: Brazil
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