Watch the full interview with IBM and Red Hat CEOs on $33 billion deal
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- Опубликовано: 16 июл 2024
- Ginni Rometty, IBM CEO, and Jim Whitehurst, Red Hat CEO, join "Squawk Box" to discuss IBM's $33 billion all-cash deal for Red Hat. "This now changes the cloud battle," says Rometty.
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No. All they talk about is "investor this, investor that", and they continue to make decisions that aren't customer centric...
this is a good decision for both companies.
just imagine, Red Hat's Linux expertise and connection to the open source community and small businesses and startups
and IBM's infastructure in hardware, money, and cloud.
@@user-yd6qk6nk2i why don't you look that up yourself, and IBM still makes mainframe systems, you know who's their number one customer? Government, specifilcally the military, not only in US.
Gam Er Where did IBM touch you?
@@user-yd6qk6nk2i I think the biggest issue here is that IBM has never had as its primary business a hardware manufacturing core. It's always been a service company which develops technology when and if it allows it to provide services its customers need. This is why the company is so misunderstood by home computer users who have only ever seen IBM on the front of a personal computer. IBM's interest in RedHat (for more than a decade) is that it enables them to provide services which otherwise would not be possible.
Gam Er they’re heavily involved in NodeJS which is a significant part of web development these days, made a major investment into the Linux project back in the day, they’re developing Kitura for serverside Swift, the Eclipse IDE came from them, there’s more that I’m missing, but IBM are still involved in a big way today.
it hurts to watch
Truly. I always looked upon redhat.
This is a pretty big deal. Redhat was making bank all on their own, without the hardware backing. Now they have top to bottom hardware to customize their software to. Plug n play cloud deployments that scale across the planet.. Good Lord. That's beast mode.
Only Amazon and Alibaba can hold that together, and barely. They go down, even with all the man power. I don't think those 5% sell IBM shareholders understand what this means. Redhat ain't no financial foil. They can box in the enterprise and desktop and have the cash to prove it. Their value has always been in their ability to adapt(do work), not just sell licences like proprietary companies. I give it about a year for them to drop a major cloud re-architecture. I know I sound like a shill, but I ain't. I'm a Sr Linux Admin. I know how streamlined this can be once they get meshed together. And streamlining at this scale with this tech will save BILLIONS in business costs on the consumer end(me).
Agreed!
@Crebs Park This would be a AWS competitor. Amazon rolls their own OS and hardware. And to be honest, they suck at the software side. It's just 'popular' because that's all we got now. Once RH gets dialed in at the kernel level, AWS is not going to matter.
I would agree about that if RedHat and IBM had _any_ presence in the DevOps movement currently. They don't, well, at least not before RedHat scrambled to buy CoreOS and then IBM bought RedHat. I'd go so far as to suggest the CoreOS might be the subtext of all this. Neither IBM nor RedHat were even at the DevOps table before the Core acquisition. I worked for IBM for 10 years before leaving voluntarily to form a company teaching programming. Ginni is one of my heroes for her P-TECH initiative, but this purchase has a lot of cluelessness involved. The real place to watch is the consolidation in the source management and DevOps integration movements such as GitLab's strategic partnership with Google and their transparent plan to IPO in 2020. IBM is kinda trying to work a sort-of open core business model on a mega scale. I will say one thing. My experience with "Peace, Love, and Linux" that was their huge campaign in 2000 was a total and complete sham. I struggled most of my career there to get ANYONE to look at Linux or even Apache or allow the use of ANY open source libraries. I want to believe the company has changed under Ginni but I was recruited based on a big fat lie. No company that continues to boast about the largest number of patents in the world can claim it understands anything about open source. Meanwhile, the completely transformed Microsoft releases EVERY patent they own to the open source consortium. If IBM was really serious you would see them at least giving this some lip service, instead they continue to brag about their patents and reward only employees who get them instead of promoting open source contributions as Red Hat has done. Either IBM has massively transformed or this is completely open source lip service. (By the way, Red Hat is the LEAST open of all the Linux platforms.)
@@rwxrobfun I worked with IBM, and you are right as far as the Linux stuff goes. I remember migrating their P series to Linux. If I wasn't already a Linux admin by sheer will, it would have made me cry. But that isn't the case anymore. IBM has come a long way, and Redhat(now IBM) modulates between number 1 and 2 in kernel contributions to Linux- and they don't(didn't) even sell hardware(Intel is 1 in 2017).
Redhat not being open is a matter of reputation and opinion, but the fact is CentOS wouldn't exist if that were accurate. They focus on client support. That's their deal. It's not visibly open, but what they do hits the kernel heavily. Which affects everyone else heavily. As open as say Arch or Debian is, they don't do shit with the gpl/open patching. They aren't even in the game. So, I look at is as glass half full. And DevOPS owned by Microsoft isn't something I want to get into here. That's a dead end street.
@@jackfoobar5794 That is a very valuable insight. I have not been following kernel contributions for some time. I can see how core kernel contributions could fly completely under the radar of most open source advocates and industry watchers. It makes total sense because the financial interest in the success of Linux is driving the corrections to the kernel much like Microsoft is now making all kinds of contributions to the Chromium core now that Edge has declared Chromium will be the core. IBM's Hyberledger contribution was pretty astounding (all things considered) as well. Perhaps it is more accurate to say that when open source interests align with IBM's financial interests they are all about contributions, but they are very happy to celebrate what they "own" and have patented. I stopped counting how many times Ginni says "we own" in that video.
IBM is a dead company. No one wants to work at IBM and be paid low and constant fear of layoffs.
By this does it mean that IBM's AIX Unix shutdown?
highschool debate, football team vs ham radio club. "difficult to make a conclusion, it's all wavy", sports teacher said. news at eight.
now hiring: journalists.
How come the board of directors of ibm only own one tenth of one percent of ibm stock
LMAO watching this guys face while she talks is Hilarious XD
And Ubuntu/Debian servers are +60% of the market.
The acquisition was probably about other products than RHEL like Openshift etc.
This is good news for IBM but a very bad for Red Hat, and its customers.
IBM is dying, slowly and steadily, and Gini is one of its killers.
Softlayer is one of the most horrible providers out there ; They don't even use IBM equipment - they use Supermicro white box garbage !
In Perticular The US market can drive open source with Red Hat Linux leadership with IBM ! This is high amount of USD investment but We need to manage Red Hat Linux strategy execution and marketing finance leadership with strategy execution with every domain within Ibm leadership is a plus point !
I don't want to live anymore
Lolz IBM.
The biggest businesses in the world all depend really on the philosophy of UNIX. Think about it: Amazon -> Linux company. Devices cloud and infrastructure. Apple -> UNIX Darwin/BSD. Apple is nothing but a huge UNIX company. Who else? Oracle. Android.
Tell me who is making money on windows?
It's heartbreaking. Now what! The successful open source was a competitor such that IBM wanted it alive and now a good channel to gather data and people to train Watson! 🙀
IBM is acquired Red hat Linux with 33 billion USD is a plus point with all Red Hat Linux strategy execution and marketing finance leadership Strategy execution and transformation with IBM leadership !
I don't know, IBM, the cloud is pretty packed at this point. There is some serious competition awaiting you
Ginni please acquire Microsoft next year
vocal fryyyy
XLM just introduced Starlight. No FEES to transfer money and fast less than 10 second. Goodbye SWIFT goodbye
IBM Q great investment. Red hat. Hmm.
Open source, sounds like maga at work.
Hybrid Cloud Provider run by AI ? Excuse me if I seem to be outside of this fairy floss land of imagined human-- free economics. What happens if all the servers of the internet lose power? Ah but there is back up in another cloud and AI controls that too. Am I alone in thinking these people are AI clones? Now back to my underground Faraday cage. Too much EMF here.
Obviously judging by joe's leading question, he simply doesn't understand what IBM does. Joe should not be on TV. I have no idea what the producers are thinking at CNBC. They simply are out of touch.
OakhillSailor, I don't this so, mate. They were good questions, and reflective of the technology industry today and the global economy. Unfortunately, Ginni has been pushing this line for a decade, and it's not working without this proposed acquisition.
@@m3lbourn3mad3 you didn't understand my comment.
"The future is open source" ......
Our Mission and vision of IBM road map Strategy execution is positive with IBM with Red Hat Linux ! IBM cloud computing and Red hat Linux Websphere IBM Watson AI ML innovation for next 80 150 300 years innovation and leadership !
IBM will be the #1. Stellar Lumens XLM you are so lucky to partner with the #1
Even if XLM could catch 10% of the market. Wow XLM to the MOON
(I know not every thing will be XLM, But 10% that is doable and reasonable)
XRP and XLM will be the winners. The market is huge for both. To the MOON XRP and XLM