IBM Acquiring RHT at $190 a share
https://www.businessinsider.com/ibm-is-reportedly…
I still think IBM is a boomer stock, and will continue declining.
Trending Content
| +630 | Xxxxxxxxxxxxxx | 20 | 4d | |
| +42 | In Light of BofA Events Remember What's Important In Life | 0 | 2d | |
| +34 | Did someone hack WSO on LinkedIn? | 12 | 1d | |
| +31 | Is anyone surprised by how much you don’t know? | 11 | 1h | |
| +31 | Best Golf Trip locations | 25 | 1d | |
| +30 | Take Some Time to Smell the Roses… | 1 | 6d | |
| +19 | Firms with a strong Physical fitness culture | 9 | 1d | |
| +19 | Footy in NYC this summer | 1 | 22h | |
| +16 | Thoughts on Stifel’s Sex Scandal? | 11 | 1d | |
| +16 | Snitching on networking calls? | 16 | 2d |
Career Resources
Ginni needs the boot, but that's tangential.
I like the acquisition strictly from a culture / talent acquisition PoV. The guys at Red Hat are hardcore geeks that go into work everyday for the love of computer science / technology. Anyone who works in tech is going to respect RHT technical talent. IBM's technical talent has been diluted thanks to competition from FAANGM and in my mind, have leaned heavily on marketing the past decade or so.
I believe this is an acquisition in the right direction.
I agree. The idea of IBM as a modern innovative company is in itself purely marketing. And this acquisition is just a part of that marketing. The true business model of IBM is not innovation but instead providing enterprise services. I can't see talented developers at RHT that want to be on the cutting edge staying long.
Too little, too late. It is hard to make money in large mature, tech companies. Apparently, they paid a huge premium for Red Hat. I am sure Red Hat's stock price will sky rocket but what will happen to IBM's stock price. It might fall.
RedHat's Market Cap is $20 billion. IBM paid $34 billion. I'm going to go off a hunch, and say they paid way too much of a premium. Hoping others dabble into this. Maybe they work at JPM or Guggenheim and worked on this :-)
Iste qui accusantium natus maiores ut nihil. Hic at aut eum aspernatur.
Doloremque sit facilis deserunt impedit asperiores possimus. Odit similique ea qui non et laborum. Odit quia sequi provident omnis tempora. Nemo est asperiores quia non.
Perspiciatis sint voluptatibus illo labore voluptates consequatur molestias. Sit et iste impedit sed architecto natus. Est inventore fugiat nulla non ea eum. Aliquam nostrum veniam est. Ratione dolore voluptatibus delectus qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...