This begs the question of how IBM could afford to pay that much for an extremely overvalued company, meaning here we are at Softlayer all over again.
How do you think they’ll raise the capital to fund the acquisition? The sale of Services, which is fairly obvious at this point. But that alone won’t even make a dent.
You know what that means, folks. A Tsunami of layoffs.
I’m setting sail with Services until we get pillaged by our buyer. I know I’ll be walking the plank along with every talented and hard working consultant.
Best of luck, everyone.