Credit downgrade is looming on the horizon
It is a Hail Mary pass to make $IBM look like innovators. Bottom line they aren't.
The Red Hat deal should tell investors that IBM management needs to be replaced. Sooner is better.
Who would pay $33B for a free operating system? The company that still wants to charge its customers just for existing.
IBM RedHat Nonsense ! If done well, they can offer secure open-source Cloud to 100's of big Customers that don't want to be spied by Amazon, Google, Microsoft,etc. & their good ideas copied by them or worst. Neuron integrated SoC w/ Linux sounds great. FBI watch TV shorters!
Nah, it takes a well working brain in order to understand the acquisition's endeavor. IBM
It really was, i don’t know how you can justify paying such a premium
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IBM Will Acquire Open-Source Software Company Red Hat In $34 Billion DealIBM will acquire Red Hat for $190 per share, in a deal worth approximately $34 billion. Both companies took pains to say the Red Hat ethos and commitment to open source would continue. Pictured: IBM acquiring a Red Hat Goodbye open source. “Open source” - a Petri dish for development, where umbrella corps are then bought for gobs of money, based on the unpaid genius of others.
Source: NPR - 🏆 96. / 63 Read more »
IBM to acquire software company Red Hat for $34 billionIBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat I... LianaBaker GregRoumeliotis So .... Linux is F*****ed Up. Given GitHub being in the hands of Microsoft.... I would said... Open Source is F****ed. What's the next move ? the Fed taking care of crypto-currency ? LianaBaker GregRoumeliotis IBM pays 150 X recent earnings to buy a services company that owns no proprietary product? Whose customers are companies IBM fights for cloud services biz? No pixie dust synergies here folks. Just 'Do Something' Desperation. I've Been Mugged. emilychangtv JohnJHarwood jbarro
Source: Reuters - 🏆 2. / 97 Read more »
IBM to acquire software company Red Hat for $34 billionIBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat I... Red hat = bad Orange Man = bad IBM = bad Resist don't how one can be worth that much when coding for free? Drag it with them in their grave..
Source: Reuters - 🏆 2. / 97 Read more »
Tech stocks are surging after IBM agrees to pay $34 billion for Red HatStocks rose Monday as Wall Street shook off fears about rising rates and signs of slowing growth that have weighed on global markets this month. Is IBM's acquisition of 'Red Hat' really worth $34 billion ?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Red Hat jumps, IBM shares dip on cloud mega-mergerIBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small bu... IBM should stake a claim as an affordable 5G satellite ISP/mobile telecom.
Source: Reuters - 🏆 2. / 97 Read more »
Tech stocks are surging after IBM agrees to pay $34 billion for Red Hat | Markets InsiderTech stocks are geting mauled, Dow drops more than 650 points from its highs It's time to cash out!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tech recovery helps global stocks rebound after choppy weekA recovery in technology stocks following IBM Corp's $34 billion deal to bu... Wouldn’t call it a rebound just yet. Gotta keep watching
Source: Reuters - 🏆 2. / 97 Read more »