[ale] IBM is buying Redhat!

Jim Kinney jim.kinney at gmail.com
Sun Oct 28 21:30:42 EDT 2018


Agreed. IBM kills everything they touch
On Sun, 2018-10-28 at 19:30 -0400, Pete Hardie via Ale wrote:
> Crap.  There goes the neighborhood.
> 
> 
> 
> On Sun, Oct 28, 2018 at 7:22 PM DJ-Pfulio via Ale <ale at ale.org>
> 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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> > 
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> 
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-- 
James P. Kinney III

Every time you stop a school, you will have to build a jail. What you
gain at one end you lose at the other. It's like feeding a dog on his
own tail. It won't fatten the dog.
- Speech 11/23/1900 Mark Twain

http://heretothereideas.blogspot.com/

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