Stories
Slash Boxes
Comments

SoylentNews is people

Submission Preview

Link to Story

IBM to acquire Red Hat in deal valued at $34 billion

Accepted submission by moshu at 2018-10-28 22:31:09 from the was-nice-while-it-lasted dept.
Business

As reported on CNBC [cnbc.com], RedHat is to become a "distinct unit" of IBM, for whatever that's worth, according to their own press release [redhat.com].

Let's hope they will be allowed to continue with their upstream-first philosophy, because frankly that's what I'm most worried about -- the huge number of RedHat employees who are major contributors to lots of open source projects, including the Linux kernel, suddenly working for IBM, which has not historically been a "nice" company...

We continue to live in "interesting times"...


Original Submission