IBM to Acquire Red Hat in Deal Valued at $34 Billion

This isn't how open source works... GPL 2 and others aren't magically stripped due to ownership change, and even still, red hat isn't the only open source project/contributor out there, not even close.

The impending death to open source?
 
Good points... and I wasn't suggesting they couldn't handle the purchase. Just pointing out that it isn't a pocket change deal. Even 10% of their value isn't a small purchase. If a company spends 10% of their value every couple years and tanks the value of the purchase they won't last that long.

It will be interesting to see what IBM does with Red Hats patents.
https://www.redhat.com/en/about/patent-promise
Red Hat has been a big support of FOSS and only used their patents to protect FOSS. Hopefully IBM doesn't change that. It would be sad to see Red Hat go the way of Lotus. Hopefully this generation of IBM leadership ism't cut from the same cloth.

LIkely they will try to monetize them in whatever way they think will be the most profitable. To be fair its exactly the right thing to do from a share holder perspective.
 
Red Hat has been a big support of FOSS and only used their patents to protect FOSS. Hopefully IBM doesn't change that. It would be sad to see Red Hat go the way of Lotus. Hopefully this generation of IBM leadership ism't cut from the same cloth.

We can always hope that bean counters would have some sense.


Unfortunately, it never happens. We can still hope for a first, though.
 
Purchasing a company is not like buying a car. The company being purchased has its own value to contribute to your overall income after the purchase.

IBM spent $34B to buy Red hat, but as of October 26, 2018 Red Hat is $20.8B company. The net cost to IBM is $14B - which is less than 10% of their value. As a purchase IBM, collects all of Red Hat's IP (Intellectual Property - patents, software, technologies and personnel which generates income. There's gonna be another big round of layoffs in IBM as get rid of their average performers and close departments to merge in all those people). So yeah, IBM is very far from bankrupting themselves.

I am dismayed to see them eating Redhat though. I have seen them destroy pretty much every company they buy. Remember Lotus? They were one of the top office software producers in the world... until they got eaten by IBM. Sad that...

What. No mention of OS/2?
 
Purchasing a company is not like buying a car. The company being purchased has its own value to contribute to your overall income after the purchase.

IBM spent $34B to buy Red hat, but as of October 26, 2018 Red Hat is $20.8B company. The net cost to IBM is $14B - which is less than 10% of their value. As a purchase IBM, collects all of Red Hat's IP (Intellectual Property - patents, software, technologies and personnel which generates income. There's gonna be another big round of layoffs in IBM as get rid of their average performers and close departments to merge in all those people). So yeah, IBM is very far from bankrupting themselves.

I am dismayed to see them eating Redhat though. I have seen them destroy pretty much every company they buy. Remember Lotus? They were one of the top office software producers in the world... until they got eaten by IBM. Sad that...

Novell did the same thing with SuSe as well.
 
What. No mention of OS/2?
It was a real shame with OS/2. It was a far better OS than windows 95 at the time. IBM just didn't know how to market to the average Joe the way Microsoft did. A lot of companies that were building front-tier systems to it wound up moving off to Windows NT because they really saw no future for OS/2.

Novell did the same thing with SuSe as well.

Yeah I remember that well.
 
It was a real shame with OS/2. It was a far better OS than windows 95 at the time. IBM just didn't know how to market to the average Joe the way Microsoft did. A lot of companies that were building front-tier systems to it wound up moving off to Windows NT because they really saw no future for OS/2.



Yeah I remember that well.


I had a lot of fun with OS/2, it felt like the spiritual successor to Amiga Workbench and had solid voice recognition (certainly better than my godforsaken Samsung:rage:) IBM never believed in the PC market; too many old-timers on the board at the time thought Windows was a passing fad.
 
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