> Do they actually do anything of value anymore or are they just Redhat now? IBM is a behemoth. They bought Red Hat in 2019 for $34B. At that point Red Hat had

> Do they actually do anything of value anymore or are they just Redhat now? IBM is a behemoth. They bought Red Hat in 2019 for $34B. At that point Red Hat had an annual revenue of ~$3.4B. How much is $34B for IBM? That year their annual revenue was $77B. They literally spent less than half of their annual revenue that year to buy the company. Even if we assume that the revenue stemming from Red Hat in IBM has doubled since then, that's still less than 1/10th of IBMs revenue the year they bought Red Hat (it's about $60B today). So no, IBM is not "just Red Hat".