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=== IBM subsidiary === On October 28, 2018, [[IBM]] announced its intent to acquire Red Hat for US$34 billion, in one of its largest-ever acquisitions. The company will operate out of IBM's Hybrid Cloud division.<ref>{{Cite news|url=https://www.theverge.com/2018/10/28/18035086/ibm-red-hat-acquisition-open-source-cloud-software-company |date=Oct 28, 2018 |first1=Andrew |last1=Liptak |title=IBM will acquire open-source cloud software company Red Hat|work=The Verge|access-date=October 28, 2018}}</ref><ref>{{Cite news|url=https://www.cnbc.com/2018/10/28/ibm-is-reportedly-nearing-deal-to-acquire-red-hat.html|title=IBM to acquire Red Hat in deal valued at $34 billion|last1=Kolodny|first1=Lora |first2=Alex |last2=Sherman |date=October 28, 2018|work=CNBC|access-date=October 28, 2018}}</ref> Six months later, on May 3, 2019, the US Department of Justice concluded its review of IBM's proposed Red Hat acquisition,<ref>{{Cite web|url=https://www.sec.gov/Archives/edgar/data/51143/000110465919026947/a19-9325_28k.htm|title=International Business Machines Corporation|last=United States Securities and Exchange Commission|website=Form 8-K Current Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934|archive-url=https://web.archive.org/web/20190603190452/https://www.sec.gov/Archives/edgar/data/51143/000110465919026947/a19-9325_28k.htm|archive-date=June 3, 2019|access-date=June 3, 2019|url-status=live }}</ref> and according to Steven J. Vaughan-Nichols "essentially approved the IBM/Red Hat deal".<ref>{{Cite web|url=https://www.zdnet.com/article/ibms-red-hat-acquisition-moves-forward/|title=IBM's Red Hat acquisition moves forward|last=Vaughan-Nichols|first=Steven J.|website=ZDNet|language=en|access-date=June 3, 2019}}</ref> The acquisition was closed on July 9, 2019.<ref>{{Cite press release|url=https://www.redhat.com/en/about/press-releases/ibm-closes-landmark-acquisition-red-hat-34-billion-defines-open-hybrid-cloud-future?intcmp=701f20000012s5PAAQ|title=IBM Closes Landmark Acquisition of Red Hat for $34 Billion; Defines Open, Hybrid Cloud Future|publisher=Red Hat|date=July 9, 2019|language=en|access-date=July 9, 2019}}</ref>
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