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Stock impact report

Three Things IBM Must Do To Keep Red Hat Acquisition From Sinking The Company [Forbes]

RED HAT (RHT) 
Last red hat earnings: 3/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.redhat.com
Company Research Source: Forbes
IBM’s announcement that it wants to pay $34 billion for open source leader Red Hat raised the eyebrows of everyone who follows enterprise tech. The largest software acquisition in history, and for what? Revenues that represent little more than a rounding error for the Armonk behemoth? Open source software that IBM could get for free? Bragging rights, perhaps? None of these explanations can hardly explain the serious green Big Blue is paying for Big Red. Here’s my take. What IBM is Actually Buying Red Hat offers unquestionably enterprise-class software, including its Kubernetes-based OpenShift Container Platform, the JBoss Enterprise Application Platform, and perhaps its crown jewel, Red Hat Enterprise Linux. Just one problem: Red Hat’s products are unapologetically open source, which means first, the code itself is free for the taking, and second, that Red Hat’s business model centers on support, training, and professional services, rather that software Show less Read more
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