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