Redhat is staying with IBM, not going to the spin-off:
>Besides the Red Hat portfolio and Global Business Services, IBM will retain its systems business, software portfolio focused on big data, AI and security, and mission-critical public cloud service.
That poster still hangs. There's a copy in the Annex also just down the street a little from Red Hat Tower (I took a picture last time I was there for training around this time last year actually).
But that's not RedHat "breaking free" as the parent comment sugggested. They're exactly where they were before, just with a slightly smaller parent company now.
First they ignore you, then they laugh at you, then they fight you, then you win.
They really meant. Even being swallowed by a behemoth, they managed to cut the beast belly and break free.