Red Hat Shareholders Approve IBM Business Deal

The $ 34 billion transaction is scheduled for completion in the second quarter of 2019
18 January 2019   586

At a recent meeting of the shareholders of Red Hat, the terms of the deal to sell the Red Hat business to IBM were agreed. The owners of 141 million shares of Red Hat voted to conduct the transaction, the owners of 181 thousand shares spoke against, and the owners of 462 thousand shares abstained. This is reported by the News and Observer

Earlier in October, the deal was agreed at the level of boards of directors of Red Hat and IBM. Until the transaction is completed, it remains to obtain permission from the antimonopoly services of the countries in which the companies are registered. The transaction is scheduled for completion in the second quarter of 2019. The amount of the transaction is approximately $ 34 billion, estimated at $ 190 per share (now the value of the Red Hat share is $ 175, and at the time of the announcement of the transaction was $ 116).

Recall that after the completion of the takeover, Red Hat will continue to operate as a separate unit in the IBM Hybrid Cloud group. IBM will retain the open development model adopted by Red Hat and will continue to support the community that has evolved around Red Hat products. Including will continue to participate in various open source projects, the development of which was involved the company Red Hat. In addition, IBM and Red Hat will continue to defend the interests of free software, providing patent protection and the ability to use their patents in open source software.

TIOBE April 2019 to be Available

Top three are Java, C and C++, Python was pushed on the 4th place
11 April 2019   216

In April, C ++ pressed Python out of the top three and sent it on the fourth line. Experts say the reason is not a drop in interest in Python. On the contrary, from month to month interest in it is growing. Also, the popularity of C ++ is growing.

TIOBE Programming Community Index April 2019
TIOBE Programming Community Index April 2019

TIOBE experts recalled that once C ++ market share exceeded 15%. Difficulties with the release of new versions of the standard language provoked a drop in interest in C ++ and a reduction in this share. With the release of C ++ 11, C ++ 14 and C ++ 17, and most importantly, with their support by the main compilers, the popularity of the language began to revive.

TIOBE April 2019
TIOBE April 2019

The TIOBE ranking is compiled monthly based on the analysis of search queries in Google, Bing, Yahoo !, Wikipedia, Amazon, YouTube and Baidu. It reflects the popularity of programming languages, but not their quality.