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Published: Oct. 30, 2018, 2 p.m.

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In the largest software company acquisition in history, tech giant IBM has purchased Red Hat for 34 billion dollars. The open source community was shocked and devastated at first but is it too soon to judge? What has IBM really purchased a product or a culture? We explain why this could be the best thing ever to happen to Linux and FOSS!

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Links:

• IBM is coming for Red Hat developers...sometime in 2019 \\u2022 DEVCLASS — But, \\u201cNumber one is the people of Red Hat\\u2026we\\u2019ve got to preserve absolutely this Switzerland [status].\\u201d\\n\\nBy coincidence, the population of Switzerland is slightly North of 8 million, roughly the same as Red Hat\\u2019s worldwide developer community.\\n\\nRometty also said \\u201cWe now have access to the world\\u2019s largest developer community.\\u201d
• IBM strikes deal to buy Red Hat for $34 billion - Business Insider — IBM will pay $190 a share for the software company, which it described as the world\'s leading provider of open-source cloud software, a premium of more than 60% from Red Hat\'s closing stock price of $116.68 on Friday. Shares traded upward of $175 in June, but disappointing earnings combined with a volatile market to see the price drop sharply.
• Altispeed Tech Portal — How to setup a Virtual Server Host
• How to install X2Go — How to install X2Go
• Archival-Grade Discs — Archival-Grade Discs

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