What is your opinion on IBM acquiring Red Hat?

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I spoke with few Redhatters in a recent conference. It seems people are happy about it. In IBM's point of view its a way for them to jump into and support OSS, meanwhile redhat is now backed up by strong company. Also IBM being an enterprise company which didn't encourage OSS contribution, now it follows redhat's culture for open source contribution among its employees which is good. For now it seems overall its good for the community.