European Commission Unconditionally Approves IBM’s Red Hat Buyout

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The European Commission (EC) has unconditionally approved IBM’s landmark $34 billion acquisition of open source vendor Red Hat.

Europe’s executive arm took just nine weeks to waive the deal through.

Among the issues it had assessed: whether IBM could reduce the competitiveness of rivals’ offerings by degrading their interoperability with Red Hat Enterprise Linux.

The US’s Department of Justice approved the deal on May 7. IBM only filed for approval of the proposed deal with the EC on May 20.

“The Commission concluded that the merged entity would not have sufficient market power

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