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IBM acquires Red Hat

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941–950 of 1001 posts

Re: IBM acquires Red Hat

#941
Nice spearfishing from [0]Mozilla:

"Hey @RedHat employees - if working for @IBM isn't your idea of a good time, Mozilla has a bunch of interesting roles we're actively hiring for: https://careers.mozilla.org/listings/?team=Engineering"

[0] https://twitter.com/mike_conley/status/1056693061038825472?s...

Re: IBM acquires Red Hat

#942
post #621

Earlier quoted context omitted.

Sure rationally the products should be a success, that's why IBM bought them. But GloboMegaCorps have a consistent record of acquiring great products then running them into the ground by smothering them with shitty internal policies. It seems like a fair % of SVers haven't had the pleasure of working for one of these Kafkaesque giants. They operate on dream logic and risk aversion.

Though I dedicated a few years of my life to OpenStack at HP, I sometimes wonder if OpenStack would be healthier if GloboMegaCorps didn't get involved. In 2013, OpenStack felt like the "new Linux"

2013, OpenStack at HP, aka Helion? Anupriya Ramraj - is that you? :) If so, your old team misses that project. We're bored these days.

Re: IBM acquires Red Hat

#943
post #449

Earlier quoted context omitted.

There are periods of concentration and entrepreneurship. Part of the market maturity lifecycle. As a market gets more well established, competitors become less differentiated and start competing on cost which leads to consolidation. This creates openings for upstarts to disrupt or open new markets.

... and yet there is no shortage of examples of ownership being consistently more concentrated over time. Are we are right around the corner from seeing "upstarts" in the television, telecoms, and food manufacturing industries?

Yes. Television is in the midst of one now.

Re: IBM acquires Red Hat

#944
post #126

Guys, this is not just, or mainly not RH Linux. :( - kernel development - Ansible - JBoss (I know HN hates Java, especially Java EE, but it was and is an important factor in enterprise OSS adoption) - OpenShift - Ceph, Gluster All these are in danger, not just RHEL. I don't know about any other company that is large, successful, focuses on the enterprise and absolutely behind OSS. Canonical is way behind Red Hat in t…

Also in practice glibc, systemd, GNOME, etc. have a ton of maintainers from Red Hat, even if they're not Red Hat-owned the way Ansible or Ceph is.

Maybe they just bought redhat to kill off systemd. Ah, one can hope...

Re: IBM acquires Red Hat

#945
post #837

Earlier quoted context omitted.

What's not clear here is that why would one company, which is dong pretty well, better every year, would want to be sold to another company, which doesn't look well (from your own description), instead of just continuing growing and eventually "winning" the cloud market by themselves? Is that just because top Red Hat people wanted to cash out more quickly?

redhat was trading at around $120 last week and IBM announced "Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion." That $120 was really high for redhat, who just crossed the $100/share price last year. (unless you count year 2000/dotcom-IPO-madness) RHT's market cap was previously $20B.

Note that IBM is buying every last Redhat share here, so of course it has to pay more than the price for "just one more" share.

That's not weird. It's a bit much as these things go, but 20-30% over the share price would not raise any eyebrows.

Re: IBM acquires Red Hat

#946
post #894

Earlier quoted context omitted.

Many employers have clauses about owning any IP you produce while employed there, regardless of whether or not it involved company time or property. Whether said clauses are actually enforceable varies from location to location.

Aka "justice by bank balance and time". At some point software engineering is going to have a union just as a legal defence fund.

Software engineers already have their own chambers of engineers in some states. No need for another trade organization.

Re: IBM acquires Red Hat

#947

Earlier quoted context omitted.

Why wouldn't you use WSL?

I haven't used Windows in quite some time, but I believe they are quite different. WSL is more like a very basic version of Wine in that it implements Linux system calls and can execute ELF binaries, and as such requires you to install a host OS for libc and any other libraries you want. Cygwin is more like Winelib in that it provides a custom libc implementation and toolchain that are natively compiled, and as such…

WSL is actually backwards analogue of WINE, also described as ENIW.

Re: IBM acquires Red Hat

#948

Earlier quoted context omitted.

redhat was trading at around $120 last week and IBM announced "Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion." That $120 was really high for redhat, who just crossed the $100/share price last year. (unless you count year 2000/dotcom-IPO-madness) RHT's market cap was previously $20B.

Note that IBM is buying every last Redhat share here, so of course it has to pay more than the price for "just one more" share. That's not weird. It's a bit much as these things go, but 20-30% over the share price would not raise any eyebrows.

yeah it's not raising my eyebrows but I was trying to give the data to explain why an established and somewhat profitable company (like redhat) would sell to a player like IBM. It's just a lot of money to turn down!

Re: IBM acquires Red Hat

#949
post #692

Earlier quoted context omitted.

SUSE? They make a big song and dance (literally) of being open source, but I don't know if they're exclusively OSS.

[I work for SUSE.] Nowadays, yes. SUSE Studio was the main proprietary thing we had in recent memory, and it was sunlit a few years ago with KIWI being its successor. As far as I know, everything we develop is free software. You can get the full sources for any package in SLES or openSUSE (which isn't really SUSE but SUSE engineers work a lot on openSUSE) using zypper. Personally, not only is everything I work on fre…

@cyphar - I would love to chat with you about SUSE's policies and encouragement to enable working exclusively on upstream-first. We are working to bake that concept into our policies at WSO2 (I'm its CEO). While we practice that in motion, we are codifying it within policies. If you could email me tyler@wso2.com, would appreciate a chat about it with your or management there.

Re: IBM acquires Red Hat

#950
post #880

Earlier quoted context omitted.

I'm curious. Anyone care to outline the legal ramifications of this action? What would happen if IBM tried to stop his side-project? 1. Would IBM be able to enforce the original contract as it was outlined when they sent it to him? Would he be liable to fraud or other similar charges (for instance if he altered the contract after IBM representative added their signature)? 2. Or would the altered contract stand up in…

This reminds me of that extreme example of altering the contract: https://www.telegraph.co.uk/finance/personalfinance/borrowin...

I routinely alter almost every contract I receive. It drives a lot of doctor offices/emergency rooms nuts. But they have so far always calculated that their liability will be higher if they refuse service than if they allow me to cross out the part that says I won't sue them if they kill me.

It is a point of amusement to me to see that the receptionist is extremely uncomfortable agreeing to the terms I have come up with in the last five minutes. They don't think it is reasonable for me to expect them to execute the altered contract without consulting attorneys. I point out that five minutes ago they asked me to sign a contract without consulting a legal expert. Their multi-page contract had been painstakingly drafted by a team of expensive lawyers and meticulously tweaked over years. Yet they gave me mere seconds to read it, understand it, and sign it under duress of not receiving medical attention. If they balk at the contract I hand back to them, how can they expect me not to balk at the original contract?

On the other hand, if they refuse to provide medical care because I wouldn't sign away my rights to any photographs that might be submitted to medical journals, they had better be very confident in their lawyers.

Banks, rental agencies, repair shops, etc., on the other hand, can safely refuse my revised contract. Most don't glance at them when I hand them back.

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