Feel sad, I know it's just the way things go in big business, but watching a prime example of a fiscally successful company built on open source who has committed so many resources to kernel development and making the Linux community better get bought by a beached whale like IBM just shakes me.
IBM Closes Acquisition of Red Hat for $34B
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Re: IBM Closes Acquisition of Red Hat for $34B
#12Re: IBM Closes Acquisition of Red Hat for $34B
#13Feel sad, I know it's just the way things go in big business, but watching a prime example of a fiscally successful company built on open source who has committed so many resources to kernel development and making the Linux community better get bought by a beached whale like IBM just shakes me.
Who will be developing the lion share of what makes "the Linux desktop?"
If IBM wants to ever make money of this deal, the only way available for them is to kick everybody, but support people, and crank up fees to the max from big corporate clients.
Ubuntu has certainly stole the crown of "the server linux" as being built on a more sound foundation, and being more conservative in bringing disruptive novelties — something that just any sysadmin likes.
Re: IBM Closes Acquisition of Red Hat for $34B
#14Maybe Ubuntu could pivot into this space.
Re: IBM Closes Acquisition of Red Hat for $34B
#15Feel sad, I know it's just the way things go in big business, but watching a prime example of a fiscally successful company built on open source who has committed so many resources to kernel development and making the Linux community better get bought by a beached whale like IBM just shakes me.
It makes us worse off, I feel. Nearly all these big mergers are about cornering markets, reducing competition and avoiding innovations. At best they're about finance shenanigans.
It's not as if redhat customers are likely to be excited about this.
Re: IBM Closes Acquisition of Red Hat for $34B
#16Does this acquisition open up the market for a Linux company to move into the Linux enterprise space? Maybe Ubuntu could pivot into this space.
Enterprise is hard though, for total outsiders.
Re: IBM Closes Acquisition of Red Hat for $34B
#17Feel sad, I know it's just the way things go in big business, but watching a prime example of a fiscally successful company built on open source who has committed so many resources to kernel development and making the Linux community better get bought by a beached whale like IBM just shakes me.
You can read my blog post and comment here: https://news.ycombinator.com/item?id=20391504
Re: IBM Closes Acquisition of Red Hat for $34B
#18Feel sad, I know it's just the way things go in big business, but watching a prime example of a fiscally successful company built on open source who has committed so many resources to kernel development and making the Linux community better get bought by a beached whale like IBM just shakes me.
At least it wasn't Oracle?
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I like the Walrus best," said Alice, "because you see he was a little sorry for the poor oysters."
"He ate more than the Carpenter, though," said Tweedledee. "You see he held his handkerchief in front, so that the Carpenter couldn't count how many he took: contrariwise."
"That was mean!" Alice said indignantly. "Then I like the Carpenter best—if he didn't eat so many as the Walrus."
"But he ate as many as he could get," said Tweedledum.
This was a puzzler. After a pause, Alice began, "Well! They were both very unpleasant characters—
Re: IBM Closes Acquisition of Red Hat for $34B
#19Share price was $187.71 prior to the announcement. As posted in the article - $190/share agreed purchase.
Not risk-free by any means, but almost certainly less risk than buying the S&P index during that time period. There was a reason Warren Buffett parked a ton of cash into Red Hat stock after it was bought.
Re: IBM Closes Acquisition of Red Hat for $34B
#20Feel sad, I know it's just the way things go in big business, but watching a prime example of a fiscally successful company built on open source who has committed so many resources to kernel development and making the Linux community better get bought by a beached whale like IBM just shakes me.
Yes, I am shocked too. Who will be developing the lion share of what makes "the Linux desktop?" If IBM wants to ever make money of this deal, the only way available for them is to kick everybody, but support people, and crank up fees to the max from big corporate clients. Ubuntu has certainly stole the crown of "the server linux" as being built on a more sound foundation, and being more conservative in bringing disru…