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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 »
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 »
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 »
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 »
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 »