There were certainly lots of quick takes from analysts on what the IBM and Red Hat news meant. This is one from TechCrunch:
With the acquisition of Red Hat, IBM looks to refocus on its core strengths, rather than Watson, an AI push that was always more hype than reality. With its latest $34 billion acquisition of Red Hat is now in the software business. Through the acquisition of Red Hat, IBM believes it can now offer a complex mix of infrastructure/software/platform services and emerging technologies like artificial intelligence, blockchain, and analytics, and blend all of that with Red Hat’s profitable fusion of enterprise open source tools, cloud-native, hybrid cloud and a keen understanding of the enterprise.
Read more about Red Hat’s acquisition by IBM on Techcrunch.
Our view: IBM might want to consider what it would do for them if they use this as an excuse to rebrand the entire company as Red Hat.