Red Hat logo. Source: Wikipedia IBM is acquiring Software Company Red Hat for 34 billion USDs . It is IBM's largest acquisition ever. According to Business Insider some of the key points are: 1. Red Hat will join IBM's Hybrid Cloud Team as a distinct unit preserving the Independence and neutrality of Red Hat's Open Source development heritage and commitment, current products portfolio and go to ,market strategy and unique development culture. My Take: RED Hat will continue selling its Linux Operating System and services to IBM's Cloud competitors such as Amazon, Microsoft and Google. 2. IBM will remain committed to Red Hat's Open Governance, Open Source contributions, participation in the Open Source Community and development model. My Take: IBM is also committed to Open Source and its Cloud is based on Open Stack. with IBM's long tradition of Open Source usage and contributions it is easy for IBM to preserve Red Hat's Open Source ...
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