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…

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…
(With apologies to Barenaked Ladies and all the beleaguered IBM shareholders) If I had 34 billion dollars (If I had 34 billion dollars)Well, I’d buy you a hybrid cloud (I would buy you a hybrid cloud)And if I had 34 billion dollars (If I had 34 billion dollars)I’d buy you a container platform for your…