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IBM set to acquire North Carolina-based Red Hat in $34B deal

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Raleigh, Oct 29 (AP) - IBM announced Sunday it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal that the technology and consulting giant's chief executive says will advance the company to the next step in cloud computing.
IBM and Raleigh-based Red Hat said in a joint statement that IBM would buy all Red Hat common shares at $190 apiece - 63 percent above Red Hat's closing price Friday. The two companies said the deal, approved by their...

Diversify products, explore new markets: PM

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Staff Reporter
Prime Minister Sheikh Hasina on Sunday asked the business community to diversify their products and explore new markets in the world for their items availing of government support.
"We've to diversify our export've to think how much varieties you can bring in your...

IBBL holds workshop on trade based money laundering

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Commerce Reporter
Islami Bank Bangladesh Limited organized a workshop on 'Trade Based Money Laundering & Compliance Is-sues' on Saturday at Islami Bank Tower in the city.
Presided over by Md Mahbub ul Alam, Managing Director and CEO of the Bank, the workshop was inaugu-rated by Md Masud...

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