Category: Ginni Rometty

IBM’s acquisition of Red Hat has IT executives’ attention, but attitude is ‘wait and see’

IBM’s acquisition of Red Hat has IT executives’ attention, but attitude is ‘wait and see’

IBM’s acquisition of Red Hat has IT executives’ attention, but attitude is ‘wait and see’ 1
Nine days into the third quarter of 2019, IBM Corp. closed its $34-billion acquisition of Red Hat Inc. Now that Red Hat is officially part of the IBM fold, what are the expectations of both companies by customers as the deal takes hold? This was the central focus of a recent survey conducted by Enterprise […]

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A ‘smoking good’ deal? Red Hat could prove a $34 billion bargain for IBM

A ‘smoking good’ deal? Red Hat could prove a $34 billion bargain for IBM

A ‘smoking good’ deal? Red Hat could prove a $34 billion bargain for IBM 2
When does free technology become worth $10 trillion? When the company is Red Hat Inc. and its open-source software and applications running on Red Hat Enterprise Linux contribute to $10 trillion worth of global business revenues this year. That’s the conclusion from an International Data Corp. study released during the company’s major annual gathering in Boston […]

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OpenShift adoption plus Microsoft and IBM deals validate Red Hat’s role as enterprise player

OpenShift adoption plus Microsoft and IBM deals validate Red Hat’s role as enterprise player

OpenShift adoption plus Microsoft and IBM deals validate Red Hat’s role as enterprise player 3
At the conclusion of the Red Hat Summit in Boston today, Red Hat Inc.’s chief executive officer, Jim Whitehurst, could be forgiven if he was feeling a little weary from being hugged. He was embraced by IBM Corp., whose own top executive, Ginni Rometty, took the stage and promised to keep Whitehurst’s company independent after shelling out $34 billion […]

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New logo, same hat, same soul: IBM’s Rometty promises Red Hat will stay intact

New logo, same hat, same soul: IBM’s Rometty promises Red Hat will stay intact

New logo, same hat, same soul: IBM’s Rometty promises Red Hat will stay intact 4
Red Hat Inc. unveiled the latest iteration of its trademark red fedora logo this month. Yet when IBM Corp.’s chief executive officer, Ginni Rometty (pictured, with Red Hat CEO Jim Whitehurst), took the keynote stage at the Red Hat Summit on Tuesday afternoon, she went out of her way to reassure the audience that after acquiring the open-source […]

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IBM beats on profits but misses on revenue, sending investors into a funk

IBM beats on profits but misses on revenue, sending investors into a funk

IBM beats on profits but misses on revenue, sending investors into a funk 5
IBM Corp. beat first-quarter net income estimates today but disappointed investors with a larger-than-expected decline in quarterly revenue, sending its stock down more than 3 percent in after-hours trading. The company blamed delayed decision-making in the Asia-Pacific region for the shortfall and continued to back away from talk of growth, focusing instead on profitability metrics. […]

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