IBM Buys Red Hat for $34,000,000,000.00

I haven't done much reading on it so I haven't formed an opinion yet... about what I think about IBM buying Red Hat.  Will it be good for IBM.  Definitely.  Will it be good for Red Hat?  I hope so.  IBM is well known for investing in Linux and FOSS technologies.

Anyone remember the various commercials they've run over the years?  I remember one specific one from... I don't recall the year... but yeah, it is dated now.  It shows a pre-teen boy.  Years have passed.  If they were to update the commercial, who should play that character?  The commercial ends with "The Future is Open".  Let's hope it still is.

Question:  If IBM had bought Canonical instead of Red Hat, how would you feel knowing Ubuntu was going to be the Linux distro deployed for the vast majority of IBM's customers including those in the cloud?  Kind of clarifies it now doesn't it?

UPDATE: Here's the Red Hat CEO's blog post on the subject:
A monumental day for open source and Red Hat