Analysts predict IBM's $34 billion acquisition of Red Hat could be 'game changing,' but there are still plenty of reasons to be skeptical
https://www.cnbc.com/2018/10/29/wall-street-says-ibms-red-hat-acquisition-could-be-game-changing.html
IBM announced Sunday it plans to acquire Red Hat, a major distributor of open-source software, at more than a 60 percent premium. The $34 billion price tag and timing of the deal raised some eyebrows.
IBM has seen several years of near-consistent declines in revenue. And it trails behind heavyweights like Amazon, Microsoft and Google for a small share of the cloud market.
