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IBM Is Turning Into Red Hat on Steroids

TheMotleyFool

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With every passing quarter, IBM (NYSE: IBM) looks more and more like an amped-up version of Red Hat. After buying the open-source software veteran in a blockbuster $40 billion deal in 2019, Big Blue has only increased its focus on exactly the things Red Hat did best when it was a separate company.

And you know what? That's just great.

Image source: Getty Images.

Source Fool.com

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