Diversifies and enhances product portfolio and broadens opportunity for growth
September 23, 2019
Trane®, a business unit of Ingersoll Rand, acquired Arctic Chiller Group, a Canadian-based HVAC manufacturer, specializing in high efficiency air- and water-cooled, modular and process chillers for commercial HVAC and process cooling applications.
New data from Synergy Research Group shows that 52 data center-oriented merger and acquisition (M&A) deals closed in the first half of 2019, up 18% from the first half of 2018 and continuing a strong growth trend seen over the last four years.
IBM will preserve Red Hat's independence and neutrality.
July 10, 2019
IBM and Red Hat have announced that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion.
Expands network scale and deepens market presence in Europe.
July 9, 2019
GTT Communications, Inc. has announced a definitive purchase agreement to acquire KPN International, a division of KPN N.V. headquartered in Netherlands, for approximately €50 million in cash, on a cash and debt-free basis.
Combined company will drive next generation of high performance computing.
May 20, 2019
Hewlett Packard Enterprise has announced that the companies have entered into a definitive agreement under which HPE will acquire Cray for $35.00 per share in cash, in a transaction valued at approximately $1.3 billion, net of cash.