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Press Releases From the Future: HCL Technologies to Acquire Red Hat Software Products from IBM for $340 Million
HCL Technologies to Acquire Red Hat Software Products from IBM for $340 Million ARMONK, N.Y. and NOIDA, India, August 2, 2022 — IBM and HCL Technologies (HCL) today announced a definitive agreement under which HCL will acquire select IBM Red Hat software products for $340 million. The transaction is expected to close by mid-2023, subject…
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The Cloud is Not Flat – 2019 Edition
The 2019 geographic view of Gartner’s Cloud Infrastructure as a Service Magic Quadrant: Previous geographic locales Seattle, Lesser Seattle, and Nichelandia remain unchanged. A new locale, Next Generation Hybrid Cloud Multicloud Fantasy Island, has been added to reflect IBM’s cloud strategy de jour. Previous installments: 2018, 2017, 2016, 2015
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A Very Cold Take on IBM, Red Hat and Their Hybrid Cloud Hyperbole
I start more blog posts than I finish, due to no shortage of other distractions and at times a near-crippling inability to blog short. When IBM announced they were acquiring Red Hat in October 2018 for $34 billion, I embarked on a deeply intertwined discourse about the continued decline and fall of IBM, the two…