> IBM wants deep-pocketed institutional money
Well that's the funny thing, the deep pocketed institutional money is by and large using common and popular open source projects (increasingly so).
IBM is hoping for the old mainframe days to come back, but those are long gone. The tech IBM has which companies want to use by and large comes out of redhat today.
I'm reminded of IBM's opposition of C++'s removal of trigrams [1] all because it makes their character encoding system, EBCDIC, incompatible with C++. That's the sort of lock in that IBM is hoping for and it's lock in that no (sane) business tech leader would subscribe to.
Yes, I don't argue that IBM's ways are advisable. The revenue of the top ten big tech companies are all 2-10x greater than IBM, which is ~21 on that list.