Note: this is an entirely personal post and does not represent Red Hat or the Fedora Project in any way.
This is not a repeat from August 2017: my employer is about to be acquired. The news that IBM is spending $34 billion to acquire Red Hat came as a surprise to just about everyone. As you might expect, the reaction among my colleagues is widely varied. I’m still trying to come to terms with my own emotions about this.
Red Hat is not just an employer to me. I’ve been applying for various jobs at Red Hat over the last eight years or so. When I got hired earlier this year, I felt like I had finally obtained a significant professional goal. I’ve long admired the company and the people I know that worked there. I saw Red Hat as a place that I could be happy for a very long time.
But I don’t have a crystal ball. So sometime in the second half of next year, I’ll be an IBM employee. Leadership at IBM and Red Hat have said the right things, and the stated plan is that Red Hat will continue to operate as an independent subsidiary. I have no reason to doubt that, but the specifics of the reality are still unknown. It’s a little bit scary.
It makes sense that we don’t have any specifics yet. The plans can’t really be formed until the folks who would work on them can be told. So almost everyone is just coming up to speed, and the next few months will start bringing some clarity. And even more has to wait until the deal actually closes.
My first reaction was “oh no, my health insurance is going to change again.” After having roughly five insurance plans in the last five years, the idea of updating my information with all of my providers yet again is — while not particularly difficult — kind of annoying. My second reaction was “couldn’t they have waited a few years so I could accumulate more stock?”
So what does this all mean? I really don’t know. Ben Thompson is not optimistic. John “maddog” Hall is taking a positive approach. But most importantly, my friend and patronus Robyn Bergeron is reassuring:
I could say the same about when @RedHat bought @ansible. But: companies with even 1/2 a clue dont buy other companies to ruin them, generally. Ibm has been a participant in @fedora and an endorser of rhel for a long time.— robyn bergeron (@robynbergeron) October 29, 2018
If there is one thing they won't screw up, it's @fedora.
So for now, I’ll go about my day-to-day work. Fedora 29 released on Tuesday. We’re hard at work on Fedora 30. In a few months, I’ll know more about what the future holds. In the meantime, I’m proud to be a Red Hatter and a member of the Fedora and Opensource.com communities. Here we go!