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Official: IBM to gobble Red Hat for $34bn – yes, the enterprise Linux biz

Anonymous Coward
Anonymous Coward

This is smart for a few reasons - A) access to a whole new base of customers IBM may not have had access to. Can sell their watson, blockchain, etc new emerging products. B) can leverage red hat tech for free, especially in their BlueMix cloud offerings like Ansible, etc. Middleware.I agree, 34 billion for 2-3 billion revenue is...head scratching. But per above, there are some huge discrete benefits.

As for the culture and what will happen to Red Hat... oh boy. lets get the popcorn out.

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