https://www.engadget.com/2018/10/28/ibm-buys-red-hat/
IBM buys Redhat to chase hybrid cloud.
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comments
Fcking dumb... Fire romnity already
This kind of move to spend this large of a percentage of their market cap could seriously endanger the company's future.
Now you have Amazon, Google, and Microsoft to some extent as market leaders in AI.
"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.