Red Hat control and discretion and non-revenue generating properties now belong to IBM.
The purchase multiple is pretty crazy, and I like that I can point to a multiple that high when suitors want to buy into my own tech companies.
But for IBM this is a net win. Paying all that interest is basically a rounding error and means they barely spent any money for decades if they so choose.
The purchase multiple is pretty crazy, and I like that I can point to a multiple that high when suitors want to buy into my own tech companies.
But for IBM this is a net win. Paying all that interest is basically a rounding error and means they barely spent any money for decades if they so choose.