IBM and Raleigh, N.C.-based open-source softward firm Red Hat said in a joint statement that IBM would buy all Red Hat common shares at $190 apiece — 63% above Red Hat’s closing price Friday. The two companies said the deal, approved by their respective boards, is subject to Red Hat shareholder and regulatory approval and should be completed in the latter half of 2019.
At IBC 2017, Telestream and IBM Aspera debuted a new solution for high-speed capture and production of live, broadcast quality video from remote locations for faster production turnaround.
Vantage with Lightspeed Live Capture powered by Aspera enables high-quality streaming to remote production teams for near real-time editing and production over standard IP networks.
Jeopardy! has a new champion, and its name is Watson. During the Wednesday finale of the three-day Jeopardy! challenge that pitted all-stars Ken Jennings and Brad Rutter against an IBM supercomputer, the machine beat the men. Watson finished with $77,147, Jennings with $24,000 and Rutter with $21,600.