[ale] IBM is buying Redhat!

Pete Hardie pete.hardie at gmail.com
Sun Oct 28 20:16:35 EDT 2018


It's not that IBM doesn't support Linux - it's that IBM has been circling
the drain for a decade - converting to contractors, shuffling work around
to lowest-cost markets, etc.

On Sun, Oct 28, 2018 at 7:52 PM Simba via Ale <ale at ale.org> wrote:

>
>
> Simba Lion - https://tailpuff.net
> https://keybase.io/simbalion
>
> "Why is a raven like a writing desk?"
> I disagree. IBM has been a supporter of Linux for more than a decade
> now, they invented the best line of laptops ever made, which are also
> great machines for Linux.
>
> I'm not a big fan of Big Blue, but IBM has done some alright things.
>
> Personally, I've wondered for years how RedHat continues to exist. They
> sell free software for not-free prices, without offering any real value,
> and their commercial software isn't as good as the free alternatives
> (Debian, BSD). I'm fairly sure they have only continued to exist thanks
> to millions of dollars in marketing efforts, including a kickass logo.
>
> The only thing I like about RedHat is Ansible, which was purchased by
> RedHat, not created by RedHat., which will hopefully continue to exist
> and thrive because it's awesome, regardless of all this bureaucracy
> garbage.
>
> Simba Lion - https://tailpuff.net
> https://keybase.io/simbalion
>
> "Why is a raven like a writing desk?"
>
> On 10/28/18 7:46 PM, Jay Lozier via Ale wrote:
> > The end of Red Hat, been nice knowing you.
> >
> > On 10/28/18 7:21 PM, DJ-Pfulio via Ale wrote:
> >> IBM is buying Redhat!
> >>
> >>
> https://www.redhat.com/en/about/press-releases/ibm-acquire-red-hat-completely-changing-cloud-landscape-and-becoming-world%E2%80%99s-1-hybrid-cloud-provider
> >>
> >>
> >> RHT is currently $116.68/sh.
> >>
> >> "IBM (NYSE:IBM) and Red Hat (NYSE:RHT), the world’s leading provider of
> >> open source cloud software, announced today that the companies have
> >> reached a definitive agreement under which IBM will acquire all of the
> >> issued and outstanding common shares of Red Hat for $190.00 per share in
> >> cash, representing a total enterprise value of approximately $34
> >> billion."
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-- 
Pete Hardie
--------
Better Living Through Bitmaps
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