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IBM recently announced acquisition of Red Hat for $34 billion. That is the biggest deal ever for IBM and the third biggest tech acquisition ever. RED Hat will become a unit of IBM’s Hybrid Cloud division which current Red Hat CEO Jim Whitehurst will manage and report directly to IBM CEO Ginni Rometty.
Over the past twenty years Linux has moved from being a curiosity to being the engine behind almost all of the major technology companies. It is used extensively by Facebook, Amazon, Alphabet/Google, and recently even Microsoft.
Ginni Rometty said that “the acquisition of Red Hat is a game-changer. It changes everything about the cloud market. IBM will become the world’s number one hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses.”
IBM tried to reassure the many businesses that use Linux that their commitment to Open Source will remain. “With this acquisition, IBM will remain committed to Red Hat’s open governance, open source contributions, participation in the open source community and development model, and fostering its widespread developer ecosystem. In addition, IBM and Red Hat will remain committed to the continued freedom of open source, via such efforts as Patent Promise, GPL Cooperation Commitment, the Open Invention Network and the LOT Network.”