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by workingpatrick
2542 days ago
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I've been through an acquisition in the past where the purchasing company told us that we'd remain independent and that "we like what you're doing, that's why we purchased the company, we don't want to change anything". This was true for roughly 6 months, then sweeping business and cultural changes happened. Do you have any assurances that what you've been told, regarding independence will remain true? If so, are those assurances any more concrete than the initial promise of independence? Not trying to be negative, but telling a company that's been acquired that things will stay the same, seems to be one of the oldest corporate lies in the book. Thoughts? Thanks for your post. |
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The assurances I have come from several angles. The public statements from both Jim (our CEO), Ginny (IBM CEO) and Arvind (SVP Cloud Products @IBM). You can see those here: CEO: https://www.redhat.com/en/blog/jim-whitehurst-email-red-hatt... Arvind: https://www.redhat.com/en/blog/qa-ibms-landmark-acquisition-...
But I always put more trust in my own interactions and I've had an opportunity now to work with quite a few of my new colleagues in IBM on both the engineering and business side. What I have seen from them is humility and curiosity about our business - there has been no arrogance. This has been true of their words and their actions so far. To me this is important because I think it's as a result of arrogance on the part of the acquirer that many deals go bad post-close.