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Oh dear That is..
Someone getting confused with black hat and white hat
RT : IBM nears deal to acquire potato security company Red Hat: sources
popey Oh no.
popey RedHat isn’t a Cybersecurity company (although, arguably, every tech company should be a Cybersecurity company). They’re a FOSS/Linux company with some fantastic support capabilities.
It’s sad how big dinosaur companies buy up newer companies then micro manage them out of business. I really hope that doesn’t happen here.
“Cyber security”
The timing is great for an acquisition for IBM. Red Hat is down 58 below it’s June high. IBM needs to expand to evolve. Years ago when IBM was in it’s prime, this would have been blocked by antitrust.
Red Hat is an open source enterprise Linux software for Cloud management
The IBM buy and crush tactic, as a last resort in this case, because they failed to shift from the paradigm of centralized computing (mainframes.) Now, after Red Hat does the work of getting all sorts of Federal contracts, while IBM was trying to quash them, they're trying this.
Wtf Red Hat is an Operating System company based on LINUX. IBM is making a classic Enterprise play.
Curious and confused. Why is IBM interested in a Linux company?
heloisalo
WHO ARE WE LOOKING
Since when has Red Hat been considered a “security” company?
'Cyber Security Gold Rush of 2018'
NO
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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 »
IBM close to deal to acquire software company Red Hat: BloombergInternational Business Machines Corp. is close to a deal to acquire software company Red Hat Inc. [s:rht], Bloomberg News reported Sunday, citing people familiar with the matter. A deal could be announced later in the day, they said, although the terms were not available, according to Bloomberg. Red Hat closed Friday down 0.7% and is down about 3% on the year, while IBM has fallen about 18%. The Dow Jones Industrial Average has gained about 1% in 2018. This is huge!! She sounds crazy that CEO
Source: MarketWatch - 🏆 3. / 97 Read more »
IBM to acquire software company Red Hat for $34BThe transaction is by far IBM’s biggest acquisition. It underscores IBM chief executive Ginni Rometty’s efforts to expand the company’s subscription-based software offerings, as it faces slowing software sales and waning demand for mainframe servers.
Source: trtworld - 🏆 101. / 63 Read more »
In Major Acquisition, IBM Will Acquire Open-Source Software Company Red HatIBM 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. Hmmmm Nice knowing them. Nothing wrong with a red hat that’s for sure.
Source: NPR - 🏆 96. / 63 Read more »