IBM shouldn't be thought of as a singular company. It is a conglomerate that does widely distinct things. Some enterprise boring profit squeezing, some shady scam "IBM blockchain on Z OS prevents viruses," some research/patent efforts elsewhere.
That said the GP is spot on for this sort of acquisition we know what will happen and has nothing to do with 2nm research division.
> IBM shouldn't be thought of as a singular company. It is a conglomerate that does widely distinct things.
This. Employees in the various sub-companies and divisions usually don't even know who most of the executive leadership is outside their little world. There is no cohesive "IBM" anymore, and I don't think there has been for a very long time.
> IBM shouldn't be thought of as a singular company. It is a conglomerate that does widely distinct things.
Agreed, like others, small startup I was with, we were acquired years ago and first advice from IBMers who'd been acquired was that IBM is like 1000 smaller companies.