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IBM nearing a buyout deal for HashiCorp, source says

reuters.com

11–20 of 185 posts

Re: IBM nearing a buyout deal for HashiCorp, source says

#12

I hope that's not true (or falls through). I have a good friend that works for HashiCorp. He's 42, and will undoubtedly be on the chopping block.

While I appreciate the sentiment, surely that is not the reason why we should wish acquisitions to happen or fall through? There's something to be said about solving for maximum societal welfare—which may or may not be the case here, but in any event doesn't depend on any specific individual

Re: IBM nearing a buyout deal for HashiCorp, source says

#15

Wasn't on my bingo card, that's for sure. Say what you will about big blue, they repeatedly seem to know who to acquire in order to buy themselves another 10 years of relevance.

Given the stock price… it had to be someone. Same for Gitlab soon I guess

Re: IBM nearing a buyout deal for HashiCorp, source says

#16
post #5

Beyond a certain size corporations shouldn't be allowed to acquire companies.

Why? There's nothing inherently bad about acquisitions

In fact, strong (~free) capital markets in which acquisitions happen frequently allow for more efficient (~optimal) allocation of resources over the long run, even if any single acquisition may not be locally optimal

Re: IBM nearing a buyout deal for HashiCorp, source says

#17
post #5

Beyond a certain size corporations shouldn't be allowed to acquire companies.

With what reasoning?

What's the value to society of having large companies get larger?

IBM is clearly running on fumes by now. Extending its life by pulling down more small companies with them only makes things worse for everyone.

Re: IBM nearing a buyout deal for HashiCorp, source says

#20

I hope that's not true (or falls through). I have a good friend that works for HashiCorp. He's 42, and will undoubtedly be on the chopping block.

While I appreciate the sentiment, surely that is not the reason why we should wish acquisitions to happen or fall through? There's something to be said about solving for maximum societal welfare—which may or may not be the case here, but in any event doesn't depend on any specific individual

I think the parent comment may be a reference to IBM being caught in the past deliberately firing older workers.
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