[ale] IBM is buying Redhat!

[Jim Kinney]

I worked for IBM for a bit. It was strange.

On October 28, 2018 9:45:47 PM EDT, Pete Hardie <pete.hardie at gmail.com> wrote:
>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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