Oh, good. Now IBM can turn RH into AIX while simultaneously suffocating whatever will be left of Redhat's staff with IBM's crushing, indifferent, incompetent bureaucracy.
This is what we call a lose - lose situation. Well, except for the president of Redhat, of course. Jim Whitehurst just got rich.
https://www.businessinsider.com/ibm-is-reportedly-nearing-a-deal-to-acquire-redhat-the-software-company-valued-at-20-billion-2018-10
IBM has struck a deal to acquire cloud software company Red Hat for $34 billion.
IBM will pay $190 per share for the software company, which it described as the world's leading provider of open source cloud software, a more than 60% premium to Red Hat's closing stock price of $116.68 on Friday. Shares traded upwards of $175 in June, but disappointing earnings combined with a volatile market had seen the price drop sharply.
No comments:
Post a Comment