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Comment by mandeepj

7 years ago

> Second quarter total revenue of $823 million, up 14% year-over-year, or 14% in constant currency

ARR around $3.3 billion. I think they have sold the company very cheap.

Source - https://www.redhat.com/en/about/press-releases/red-hat-repor...

1 comment

mandeepj

Reply

liftbigweights  7 years ago

I wouldn't have sold also, but IBM paid an 80% premium. Not exactly cheap.

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