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IBM CEO Rometty's 5 Boldest Statements On Closing The $34 Billion Red Hat Acquisition

‘This deal not only does accelerate our revenue, it resets the whole cloud landscape,’ says IBM CEO Ginny Rometty.

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Rometty On Red Hat 

IBM took charge of Red Hat this week, closing its $34 billion blockbuster acquisition of the world's leading provider of open-source software.

To share insight on the road ahead, IBM CEO Ginny Rometty hit the airwaves along with Red Hat’s Jim Whitehurst. She discussed the implications of the deal for her company and the industry as a whole with CNBC's “Mad Money” host Jim Cramer.

"This is redefining the cloud landscape," she said.

"This is really Chapter 2 of the cloud. Many people thought everything was going just to the public clouds, but that's really not what the clients need." 

 
 
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