Red Hat to Acquire CoreOS • Hacker News Board

Re: Red Hat to Acquire CoreOS

#61

Post by jacques_chester » Wed, Jan 31, 2018, 12:27 AM UTC

merb wrote: post #21

well it would be cool if some of their stuff would be 100% open source than. Like the CoreUpdate interface. But well CoreOS is already extremly extremly simple for running k8s and stuff. We've used CoreOS basically from the beginning. We are small and so had a fleet cluster with 3 nodes. It worked, kinda but due to docker it wasn't a nice experience. Docker just had a too fast changing cycle and to much things didn't…

Red Hat typically opensources everything, which is one of the things I admire about them, so you should see repos going up sooner or later.

Disclosure: I work for Pivotal, we compete with Red Hat.

Re: Red Hat to Acquire CoreOS

#62

Post by joshuak » Wed, Jan 31, 2018, 12:35 AM UTC

politician wrote: post #29

grey-area wrote: post #23

Not great news if you use container Linux: https://www.redhat.com/en/blog/faq-red-hat-acquire-coreos Container Linux and its investment in container-optimized Linux and automated “over the air” software updates are complementary to Red Hat Enterprise Linux, Red Hat Enterprise Linux Atomic Host and Red Hat’s integrated container runtime and platform management capabilities. Red Hat Enterprise Linux’s content, the foun…

Yeah, not great. That sounds like an EOL announcement. EDIT: Thanks for everything CoreOS team, and congrats on the sale! This immutable distribution was a breath of fresh air in a crowded "enterprise / kitchen sink" space.

Man have I really enjoyed CoreOS/Container Linux, etcd and generally all the work the CoreOS guys have done, and boy have I hated Red Hat's business practices. I moved away from Red Hat back when they split the OS into Enterprise and Fedora flavors.

I was a big fan of Red Hat back when they were leading the way in the early days of linux with things like application packaging, and a general vision towards simplicity. This is the same thing that attracted me to CoreOS' elegant engineering. I don't object to companies focusing more on revenue, as Red Hat's Enterprise move clearly was. But I cannot abide the erosion of vision in pursuit of profits. In particular when elegance and simplicity are replaced with complexity, and user hostile design to increase switching costs.

I realize there is probably a natural selection process at work here, and user hostile design is clearly a more profitable strategy, but I can't keep from hoping that one of these times the well engineered, simplicity focused, user centric design will find the right business model and survive... vision intact.

Re: Red Hat to Acquire CoreOS

#63

Post by sturadnidge » Wed, Jan 31, 2018, 12:36 AM UTC

Congrats to the CoreOS team, although I’m a little bit sad to see this happen it’s a way better outcome than what happened with RethinkDB!

Re: Red Hat to Acquire CoreOS

#64

Post by aberoham » Wed, Jan 31, 2018, 12:42 AM UTC

willow9886 wrote: post #54

A quick D&B search on CoreOS, Inc. shows revenues of ~$550,000 [1], which means at $250m acquisition price, RH paid ~454X revenues..! [1] http://www.hoovers.com/company-information/company-search.ht...

I have personally seen checks cut to CoreOS that were larger than the D&B number you quote. The set of similar corporate customers we'd run into was surprisingly vast and diverse. Redhat's made a brilliant move here.

Re: Red Hat to Acquire CoreOS

#65

Post by djsumdog » Wed, Jan 31, 2018, 12:56 AM UTC

pm90 wrote: post #46

Red Hat acquired Ansible, now CoreOS. They seem to be really gunning for the DevOps marketplace.

I didn't realize they acquired Ansible.

Re: Red Hat to Acquire CoreOS

#66

Post by mankash666 » Wed, Jan 31, 2018, 12:58 AM UTC

From a financial viewpoint, CoreOs took in an investment of ~$50M [1] and sold for $250M. Assuming the $50M investment comprised 50% of the equity pool, a 2.5X return on investment isn't too bad.

[1]: https://www.crunchbase.com/organization/coreos

Re: Red Hat to Acquire CoreOS

#67

Post by nine_k » Wed, Jan 31, 2018, 12:58 AM UTC

tomdec wrote: post #2

"Red Hat Enterprise Linux’s content, the foundation of our application ecosystem will remain our only Linux offering. Whereas, some of the delivery mechanisms pioneered by Container Linux will be reviewed by a joint integration team and reconciled with Atomic." So long, Container Linux, we hardly knew ye... ?

Is the interesting part of Container Linux open-source? Can anyone fork it and build a similar offering, simpler than RHEL?

Re: Red Hat to Acquire CoreOS

#68

Post by codefreakxff » Wed, Jan 31, 2018, 1:02 AM UTC

spraak wrote: post #45

Why was "Expanding its Kubernetes and Containers Leadership" removed from the title here when it is part of the original article title?

my two cents: "Red Hat to Acquire CoreOS" is fact "Expanding its Kubernetes and Containers Leadership" is hyperbole

Re: Red Hat to Acquire CoreOS

#69

Post by codefreakxff » Wed, Jan 31, 2018, 1:06 AM UTC

simonebrunozzi wrote: post #22

This should be in the title, by the way: "for a purchase price of $250 million"

Why is everyone critiquing headlines?

The essence is that RedHat bought CoreOS. I didn't realize HN was a place people expected to see purchase prices in headlines.

Re: Red Hat to Acquire CoreOS

#70

Post by simonebrunozzi » Wed, Jan 31, 2018, 1:13 AM UTC

codefreakxff wrote: post #69

simonebrunozzi wrote: post #22

This should be in the title, by the way: "for a purchase price of $250 million"

Why is everyone critiquing headlines? The essence is that RedHat bought CoreOS. I didn't realize HN was a place people expected to see purchase prices in headlines.

I think a headline with the price tag would have simply been more useful. I had to spend 30 seconds to find it, and that's the main piece of information I wanted.