IBM and Red Hat CEOs: Game-Changing Deal

Discussion in 'Linux Compatibility and Software' started by hmscott, Oct 30, 2018.

  1. hmscott

    hmscott Notebook Nobel Laureate

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    IBM and Red Hat CEOs: Game-Changing Deal | Mad Money | CNBC
    Published on Oct 30, 2018
    Big Blue just announced it will buy Red Hat to get in on the new hybrid cloud industry. The CEOs of both companies join Jim Cramer after the roughly $34 billion deal.

    Watch the full interview with IBM and Red Hat CEOs on $33 billion deal
    CNBC Television
    Published on Oct 29, 2018
    Ginni Rometty, IBM CEO, and Jim Whitehurst, Red Hat CEO, join "Squawk Box" to discuss IBM's $33 billion all-cash deal for Red Hat. "This now changes the cloud battle," says Rometty.

    Red Hat CEO: Re-Accelerating Growth | Mad Money | CNBC
    CNBC Television
    Published on Sep 24, 2018
    Red Hat was in the red after reporting earnings. Is it an opportunity to buy or should the software supplier no longer get your 'tip of the hat?’ Jim Cramer gets the exclusive with CEO Jim Whitehurst.

    How easy will it be for IBM to digest Red Hat?
    Scott Bicheno, 2 hours ago
    http://telecoms.com/493275/how-easy-will-it-be-for-ibm-to-digest-red-hat/

    Five pivotal statements from IBM and Red Hat execs on $34bn union
    Here we break down five of the most interesting quotes made by execs following the world's largest ever software acquisition and what they mean for partners
    https://www.channelweb.co.uk/crn-uk...s-from-ibm-and-red-hat-execs-on-usd34bn-union

    Articles about Red Hat
    https://www.theregister.co.uk/Tag/red hat
     
    Last edited: Oct 30, 2018
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  2. hmscott

    hmscott Notebook Nobel Laureate

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    Red Hat, IBM, & the Corporate Consolidation of Linux
    Bryan Lunduke
    Published on Oct 29, 2018
    IBM is buying Red Hat. Two of the biggest contributors to the Linux kernel are becoming one, gigantic entity. What does this mean? What are the concerns and possible benefits?
     
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  3. hmscott

    hmscott Notebook Nobel Laureate

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    IBM + Red Hat: Is This Cloud Acquisition a Winner?
    The Motley Fool
    Published on Nov 1, 2018
    Assuming it passes muster -- and there’s no reason to expect it won’t -- IBM’s (NYSE: IBM) announced purchase of Red Hat (NYSE: RHT) for $33 billion will make it the third-largest M&A deal in the U.S. tech space ever. So even for a legacy giant, this is serious business. And at $190 a share, it’s paying a 63% premium from where the target closed Friday. So for investors, the obvious question is: What is it about this particular deal that makes it so vital for IBM?

    To explain what’s up, MarketFoolery host Mac Greer has analysts Emily Flippen and Jason Moser join him for this podcast to review the competitive situation in the cloud, and talk about the ways the Red Hat acquisition will enhance IBM’s offerings, and consider how this linkup could play out.
     
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  4. Dennismungai

    Dennismungai Notebook Evangelist

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    As I posted a few days ago in our local Linux user group:

    At the present state, I do not believe Redhat's opensource offerings (such as their commitments to the Fedora Project, etc) will change.
    However, expect IBM to integrate the likes of OpenShift and Redhat's Virtualization Stack with their offerings, with or without a rebrand for a variety of product lines.
    IBM is primarily focused as a service provider for clients that handle workloads such as network virtualization (NFV), data analytics, etc. And Redhat fulfills the software infrastructure part of the equation.

    It may be too early to speculate changes on Redhat's offerings at the present time, and it'd be wise to watch out for media pundits pushing theories on outcomes.

    For these seeking Redhat alternatives, you have a replacement in OpenSUSE. Both companies have a similar verticality in offerings, with a focus on cloud infrastructure offerings and premium, subscription based support for these who need it.
    Ubuntu may be a distant second, but its' a contender in its' own way.

    And related to the above: With such a move, expect hardware-related projects, such as LVFS's fwupd, et al (managed by Redhat Employee Richard Hughes) to fold under the Linux foundation: https://blogs.gnome.org/hughsie/2018/10/30/1734/

    Remember that the Linux Foundation, as an entity, is heavily backed by corporate tech and money, often shaped by sustainability interests: https://www.ncsc.gov.uk/blog-post/f...nd-using-data-influence-procurement-decisions

    At the end of the day, incentivization of the hybrid cloud by the big players (IBM and Redhat) is the primary driver for the acquisition. The rest is very likely to remain the same for the day to day user.
     
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  5. hmscott

    hmscott Notebook Nobel Laureate

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