https://finance.yahoo.com/sectors/technology/articles/ibm-announces-strategic-collaboration-arm-040100144.html
This is far more strategic than first appears as it gives Enterprise customers options while feeding IBM’s strategy of buying SW innovations.
- It grows IBM’s Mainframe moat for the Fortune 500 - 1000 (expands the mainframe monopoly)
- It opens up SW acquisition opportunities thus allowing IBM to expand its distribution model while also shrinking IBM’s legacy SW in house development model