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IBM Finalizes Red Hat Acquisition

PYMNTS

Jim Whitehurst, the CEO of Red Hat , along with his management team, will reportedly stay in place. Whitehurst will also become part of the senior management team at IBM and will report to Ginni Rometty. It was also noted that IBM will keep Red Hat’s Raleigh, North Carolina headquarters along with its brands, facilities and practices.

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Data Enabler Startup ItsOn Brings Wireless Carriers Into The 21st Century

PYMNTS

Why is it that phone technology is so advanced, yet making any changes to how, when and where we use that technology is so, well, archaic? The cloud technology company’s goal is to make customers love their wireless carriers again. RO: ItsOn recently partnered with STC to launch a digital mobile brand called Jawwy.

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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

Under the terms of the deal, FreshDirect will keep its brand name, be supervised by a seven-member board and continue its independent operations in New York City. Today Farmstead’s services are only available in California and in the Raleigh-Durham area of North Carolina. Even retailers' rationing is a demonstration of lessons learned.

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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Congrats to Randy and a great management team. Brandon Dewitt, MX co-founder and chief technology officer. The most important aspect of this deal is Huntington. GonzoBanker of the Year – Credit Union.

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