IBM Buys Red Hat in Biggest-Ever Purchase

The video discusses IBM's acquisition of Red Hat, highlighting its significance in enhancing IBM's cloud presence. It compares this deal to past IBM acquisitions, noting it as the third largest tech deal in history. The impact on leadership is addressed, with IBM's CEO Ginny Rometty and Red Hat's CEO James Whitehurst maintaining their roles. The financing of the deal involves JP Morgan and Morgan Stanley, with a focus on its effect on IBM's capital structure.

What is the primary focus of Red Hat's business?

• Developing proprietary software

• Providing open-source Linux services

• Offering cloud storage solutions

• Manufacturing computer hardware

How does the IBM and Red Hat deal compare to previous IBM acquisitions?

• It is the second largest tech deal in history

• It is IBM's largest acquisition to date

• It is the largest tech deal in history

• It is smaller than the Cognos acquisition

What is the significance of the IBM and Red Hat deal in the tech industry?

• It is the largest tech deal ever

• It is the third largest tech deal in history

• It is the smallest tech deal in history

• It is the first tech deal involving IBM

What is the role of James Whitehurst after the acquisition?

• He will retire from the tech industry

• He will become CEO of IBM

• He will remain with Red Hat under IBM

• He will leave Red Hat

Which bank is primarily responsible for financing the IBM and Red Hat deal?

• JP Morgan

• Citibank

• Bank of America

• Goldman Sachs