IBM buys Redhat

Cisco / Eng
ElQq86

Go to company page Cisco Eng

PRE
Juniper Networks
ElQq86
Oct 28, 2018 32 Comments

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TOP 32 Comments
  • IBM
    TCPolice

    Go to company page IBM

    TCPolice
    To thrive in cloud? Hahaha
    Oct 28, 2018 0
  • Google
    Vdzlw

    Go to company page Google

    Vdzlw
    Wtf. IBM shares are on multi year lows. So they decide to suspend share repurchases and instead engage in one of most expensive tech aquisitions ever, 10 years into a late bull cycle.

    Fcking dumb... Fire romnity already
    Oct 28, 2018 0
  • Now they are both dead.
    Oct 28, 2018 0
  • An activist investor needs to get in there and clean house. Rometty completely squandered their AI advantage and has no clue what the vision of the company should be.

    This kind of move to spend this large of a percentage of their market cap could seriously endanger the company's future.
    Oct 28, 2018 3
  • Google
    Vdzlw

    Go to company page Google

    Vdzlw
    LOL

    "The only upside I can see to an IBM/RHAT deal is if IBM lets Red Hat run it like a reverse takeover. Otherwise it's going to be 'How many Global Services consultants do you want with that OpenShift install?'" tech journalist Simon Le Gros Bisson tweeted.
    Oct 29, 2018 1
    • IBM
      TCPolice

      Go to company page IBM

      TCPolice
      GBS - Our consulting business has been steadily diminishing and most of the layoffs have been coming from that division. Cloud platform on the other hand has been steady.
      Oct 29, 2018