Red Hat is the largest and most profitable open source company. It produces Red Hat Enterprise Linux (RHEL) and sponsors Fedora, one of the most well-known versions of desktop Linux. And now, it’s being bought by IBM $34 billion, IBM’s largest acquisition ever. This is big news in the broader tech sphere, but it’s especially large in the open source world. What does this mean for IBM, Red Hat, and the open source world in general? 1.