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IBM CEO Ginni Rometty talked about red Hat will continue to be independent as a result of 'I wouldn't have a dying hope for $34 billion'

IBM Chief executive Ginni Rometty kicked off pink Hat's huge summit in Boston via reaffirming that the open-source software business will continue to be impartial as soon as huge Blue completes its $34 billion acquisition.

"I won't have a loss of life wish for $34 billion," Rometty quipped in a active dialog on Tuesday with purple Hat CEO Jim Whitehurst. "i am now not purchasing them to break them. or not it's a win win for their valued clientele. it be a method to pressure greater innovation."

Rometty's comments had been met with applause and laughter on the gathering.

IBM's plan to buy purple Hat, which become unveiled in October, has been seen as a bold move to reinforce its cloud arsenal.

In a press release, Rometty had called the stream a "a online game-changer" that "changes every little thing concerning the cloud market."

Some analysts were skeptical, certainly as IBM struggles to sustain with stronger competitors in a market dominated by way of Amazon, Microsoft, Salesforce, and Google. The stream has additionally sparked issues on what being devoured up by huge Blue may mean for purple Hat's future.

That was naturally what Rometty's light-hearted remarks on Tuesday sought to address. And it looked as if it would work for some who listened to the conversation.

"Who knew Ginni had such a good feel of humor?" one attendee tweeted.

Some analysts additionally suppose the pink Hat acquisition is a smart flow. Analyst Tim Bajarin of artistic innovations Inc. says adding purple Hat's open supply expertise may make IBM extra aggressive.

"this is very important in a global the place competitors from Google, Dell, Amazon, Lenovo and others are vying to deliver the know-how for enterprise transformation as mid-to-gigantic companies circulation from existing localized servers to cloud based mostly solutions," he told company Insider.


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