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posted by Fnord666 on Tuesday July 09 2019, @11:23PM   Printer-friendly
from the now-knows-as-blue-hat dept.

IBM and Red Hat announced today that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion.

The acquisition redefines the cloud market for business. Red Hat's open hybrid cloud technologies are now paired with the unmatched scale and depth of IBM's innovation and industry expertise, and sales leadership in more than 175 countries. Together, IBM and Red Hat will accelerate innovation by offering a next-generation hybrid multicloud platform. Based on open source technologies, such as Linux and Kubernetes, the platform will allow businesses to securely deploy, run and manage data and applications on-premises and on private and multiple public clouds.


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  • (Score: 2, Insightful) by Anonymous Coward on Wednesday July 10 2019, @03:00AM (2 children)

    by Anonymous Coward on Wednesday July 10 2019, @03:00AM (#865266)
    Aren't their business models strategies in the Linux area quite similar and compatible- make things crappier, then charge for support and services?

    For example, why would Lennart Poettering leave or be sacked? Has he really run out of ideas to make Linux worse?
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  • (Score: 0) by Anonymous Coward on Wednesday July 10 2019, @03:34AM

    by Anonymous Coward on Wednesday July 10 2019, @03:34AM (#865274)

    Unfortunately, you are right.
    When Linux first got really popular in 1995, I had high hopes for it improving to become a superior technology.
    It unfortunately stayed at mostly the same level of mediocrity with lots of churn (from guys like Poettering) that doesn't seem to move it forward.
    It's still wonderful to have an alternative to Microsoft's OSes, but it's far from a jewel, and it will stay that way forever.

  • (Score: 0) by Anonymous Coward on Thursday July 11 2019, @04:59PM

    by Anonymous Coward on Thursday July 11 2019, @04:59PM (#865859)

    GNU(GNU's Not Unix)