From a financial perspective IBM's model of buying up customer's by taking over smaller successfull outfits, maximizing profit's while the quality goes down the

From a financial perspective IBM's model of buying up customer's by taking over smaller successfull outfits, maximizing profit's while the quality goes down the drain and using that profit to restart the process have actually been successful enough over the last 2 decades since they switched from being an engineering company to an capital fund with a tech focus. This is probably just the same strategy ie IBM might have realized that their cloud department is as popular as it will ever be and is now entering the squaze phase of it's lifecycle.