IBM is betting the farm on Red Hat — and it better not mess up

IBM is betting the farm on Red Hat — and it better not mess up

5 years ago
Anonymous $ZPWJA6-QD2

https://techcrunch.com/2018/10/29/ibm-is-betting-the-farm-on-red-hat-and-it-better-not-mess-up/

Who expects a $34 billion deal involving two enterprise powerhouses to drop on a Sunday afternoon, but IBM and Red Hat surprised us yesterday when they pulled the trigger on a historically large deal.

IBM has been a poster child for a company moving through a painful transformation. As Box CEO (and IBM business partner) Aaron Levie put it on Twitter, sometimes a company has to make a bold move to push that kind of initiative forward: