[ale] IBM is buying Redhat!

[Pete Hardie]

I'm not that sour on them - they did fight a helluva fight against SCO.
But their management seems unable to make headway against the 'make the
quarter numbers" tide


On Sun, Oct 28, 2018 at 9:30 PM Jim Kinney <jim.kinney at gmail.com> wrote:

> 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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> --
>
> 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/
>
>

-- 
Pete Hardie
--------
Better Living Through Bitmaps
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