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IBM to acquire Red Hat in deal valued at $34 billion

IBM is acquiring Red Hat, the Linux software provider, in a $34 billion deal. That's a 63% premium above Friday’s closing price.Red Hat is the leading provider of open source software and services for enterprise customers, focusing on cloud computing and...

Acquia: Tom Erikson steps down as CEO

Acquia, the company founded by Drupal's creator Dries Buytaert, is one of the fastest  growing open source company in the world. Tom Erickson, CEO of Acquia, announced today that he is stepping down as CEO. An “Office of the...