IBM to win unconditional EU okay for $34 billion Red Hat deal: sources

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IBM to win unconditional EU okay for $34 billion Red Hat deal: sources
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U.S. tech giant International Business Machines Corp is set to secure unconditio...

FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in Barcelona, Spain, February 25, 2019. REUTERS/Sergio Perez/File Photo

IBM is seeking to expand its subscription-based software offerings via the deal, its biggest to date, to counter slowing software sales and waning demand for mainframe servers. The European Commission, which is scheduled to decide on the deal by June 27, and IBM declined to comment.

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