IBM has acquired RedHat, and Canonical is still available for acquisition. Azure cloud is still relevant, and Ubuntu is a popular choice for many workloads. It's interesting to note that there is already some cooperation between Azure and Ubuntu. 

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Microsoft will probably never be allowed to acquire anything big again, much less a competing OS developer. 

IBM bought RedHat. Canonical is still for the taking. Azure cloud won't go away soon, and Ubuntu remains a relevant base for many workloads. They are already cooperating quite a bit.

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