What’s the track record of Progress buying companies? Is it a case of Oracle or IBM sucking the life out of them due to lack of investment, and living off the installed base? Or something more positive?
Chef to be acquired by Progress
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Re: Chef to be acquired by Progress
#22Re: Chef to be acquired by Progress
#23What is the product offering of Progress? Quickly went through the website.. not sure, but it sounds more like smoke and mirrors..
I agree with this sentiment. The acquirer seems to be one of this enterprise companies that nobody hears about.
That's because they are one of the companies that prints money by charging enterprises to do non-sexy things that startups don't find to be very interesting.
Re: Chef to be acquired by Progress
#24It's confirmed then. Absolutely nobody wants to buy Puppet. Anyone know why that fell through?
They made some serious missteps imho re: strategy. releasing and then not marketing razor server when everyone was shifting to VMs, halting development of the open source dashboard, not really investing in containerized environments, kubernetes, etc.
Re: Chef to be acquired by Progress
#25What’s the track record of Progress buying companies? Is it a case of Oracle or IBM sucking the life out of them due to lack of investment, and living off the installed base? Or something more positive?
I have friends working for Telerik which was bought by Progress. They feel pretty happy so far and Telerik are doing well, though they had to drop native script after react occupied the entire compile js2native space.
Re: Chef to be acquired by Progress
#26What's a good alternative to Chef?
There's pyinfra (https://pyinfra.com, full disclosure: I built it). Ansible, Salt have been mentioned already. Also CFEngine and Rudder might be worth a look.
Re: Chef to be acquired by Progress
#27Off-topic, but light gray font does not have good legibility.
Re: Chef to be acquired by Progress
#28It's confirmed then. Absolutely nobody wants to buy Puppet. Anyone know why that fell through?
I only casually follow puppet, but is it a surprise after their streak of CVEs? Some have been pretty damning in my view.
Again, only casual observer, so my impression may be overly negative.
Re: Chef to be acquired by Progress
#29Re: Chef to be acquired by Progress
#30Earlier quoted context omitted.
Depends on the growth rate. If it’s flat growth, it’s not cheap at all.
https://www.geekwire.com/2020/chef-hits-key-financial-milest... “100% growth in incremental recurring revenue” doesn’t say much if they are churning a lot of existing customers. (That they chose such a double-speak revenue number perhaps says a lot). My impression was that DevOps software like this is very hard to pull out once you’ve embedded it in the org. Am I missing something?
They gave the milk away for free. You only needed to pay if you wanted their super-opinionated delivery pipeline or needed lots of support using Chef.
I worked in a couple places which used Chef and paid for 1-2 years but eventually terminated the commercial relationship.