51–60 of 391 posts
Well, it was nice while it lasted! HashiCorp always felt like a company made by actual engineers, not "bean counters". Now it will just be another cog in the IBM machine, slowly grinding it down, removing everything attractive, just like RedHat and CentOS. Hopefully this will create a new wave off innovation, and someone will create something to replace the monopoly on IaC that IBM now owns.
terraform changed to business source license pretty recently too: https://www.hashicorp.com/blog/hashicorp-adopts-business-sou...
> terraform changed to business source license pretty recently Now we know why!
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When they did this the community forked it into https://opentofu.org/
In what sense did they side with OpenTofu? Genuinely curious.
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IBM had ~$14B cash to start the year. Additionally, you don't need the full purchase price in cash to buy the company. You can do leveraged buyouts, etc.
IBM M&A person: "We'd like to buy you in all IBM stock! " Hopefully someone at HashiCorp: "Hell no, cash please"
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Considering IBM sided with the fork, I suspect it'll be reverted for most or all of Hashicorp's projects.
I bet they'll organize it under Red Hat, and Red Hat will apply their open source policy to it, and that will involve reverting to OSI approved licenses
I didn't know IBM still had money to throw around like that. What do they even do these days? Who are their customers?
This type of comment appears here every time the name IBM shows up, but it is more symptomatic, of the bubble a part of HN lives on. Think every core IT infra of most of the developed world countries, most of the ebanking and core messaging infra of your large banks and insurance companies, plus billions per year in consulting services revenue. https://www.ibm.com/products https://en.wikipedia.org/wiki/List_of_IBM_pr…
I didn't know IBM still had money to throw around like that. What do they even do these days? Who are their customers?
This type of comment appears here every time the name IBM shows up, but it is more symptomatic, of the bubble a part of HN lives on. Think every core IT infra of most of the developed world countries, most of the ebanking and core messaging infra of your large banks and insurance companies, plus billions per year in consulting services revenue. https://www.ibm.com/products https://en.wikipedia.org/wiki/List_of_IBM_pr…
> IBM will pay $35 per share for HashiCorp, a 42.6% premium to Monday's closing price Is that an insane premium or what?
I've spent last 3 days learning nomad for my homelab setup, hope things stay more or less the same for it :)