Thursday, November 01, 2018

IBM acquired Red Hat

  • IBM is buying out Red Hat for $34 billion
  • IBM seems to be focusing mainly on their Cloud strategy and are hoping to use Red Hat to do so.
  • Red Hat is eager to expand their grasp on the enterprise IT market by leveraging IBM’s network of connections
  • IBM is a slow-moving company, while Red Hat is agile - one of those is going to have to change
  • Ultimately, they need to provide solutions to solve business problems