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In Major Acquisition, IBM Will Acquire Open-Source Software Company Red Hat

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IBM 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.

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They might want to rethink that branding. Can't spell Hatred without Red Hat. (Blue H/T to Twitterverse)

IBM is spending billions to leave them alone? Right.....

Nice knowing them.

Nothing wrong with a red hat that’s for sure.

Redhat is paywall source

Hmmmm

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