But, But,
The Cloud and Serverless are people selling services. However ultimately the Rental Megacorps have real buildings with racks of real servers.
It's not about the Cloud making these obsolete, but IBM's continuing strategy of ditching HW or selling off HW brands to be a services only company. I guess no-one in China wanted to buy the Netezza brand as the HW is too old?
Hence the purchase of Redhat and others before that. The mystery is why they bought Netezza in the first place only nine years ago?