IBM’s $34 billion purchase of Red Hat is a mega-bet on a coding revolution

Today The world’s biggest-ever deal for a software company points towards a significant change in how code is being developed for the computing cloud. The news: Big Blue is swallowing Red Hat , a company that has made its reputation in open-source software development. The open-source movement makes core code freely available so that a community of developers can keep updating it. Companies like Red Hat create services to help companies deploy and use that code. Not just a business deal: IBM is interested in Red Hat because of its infrastructure for managing various kinds of cloud platforms. But […]

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