Can the Red Hat acquisition propel IBM to cloud leadership?

The dust is settling. IBM now owns Red Hat. What will this mean for IBM’s ability to become a leader in the cloud market? Will market dynamics change with this acquisition or will things remain the same? Of course, no one knows precisely what will happen. But one thing is for certain – a majority of large corporations are still in the process of moving to the cloud so they is a lot at stake for IBM and its competitors. My take is that buying Red Hat was a shrewd move that could work brilliantly if IBM executes well. Here are my top five takeaways from the acquisition.