Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

IBM to buy HashiCorp in $6.4B deal

reuters.com

Post reply on HN
Print view View original

61–70 of 391 posts

Re: IBM to buy HashiCorp in $6.4B deal

#64

Post by arp242 »

solardev wrote: post #35

I didn't know IBM still had money to throw around like that. What do they even do these days? Who are their customers?

IBM did ~$62 billion in revenue last year, with a ~$7.5 billion net income. They employ ~280,000 people.

I think they can find a few billions lying around, without having to turn the sofa cushions.

Re: IBM to buy HashiCorp in $6.4B deal

#65

Post by ilrwbwrkhv »

hbogert wrote: post #62

> By joining IBM, HashiCorp products can be made available to a much larger audience, enabling us to serve many more users and customers. I'm really wondering who is kidding who here. Is it IBM or Hashi?

It's a shame that HashiCorp gave up. The govt bans foreign competition like Tiktok and in house competition don't have the stamina. Doesn't bode well for capitalism.

Re: IBM to buy HashiCorp in $6.4B deal

#66

Post by TillE »

belter wrote: post #43
solardev wrote: post #35

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…

Indeed, there's also a whole world of B2B software which you may be almost entirely unaware of if you've spent your whole career in consumer-facing web/app development.

Re: IBM to buy HashiCorp in $6.4B deal

#67

Post by empressplay »

hbogert wrote: post #62

> By joining IBM, HashiCorp products can be made available to a much larger audience, enabling us to serve many more users and customers. I'm really wondering who is kidding who here. Is it IBM or Hashi?

IBM has its mitts into finance, defence, aerospace -- and these industries generally stick to IBM / IBM sanctioned products. So with IBM selling Vault / Boundary (in particular) they will get better adoption.

Re: IBM to buy HashiCorp in $6.4B deal

#68

Post by MangoCoffee »

belter wrote: post #43
solardev wrote: post #35

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…

a lot of banks still use the main frame. IBM got out of pc/server game but not the main frame. IBM is a big player in that game.
Post reply on HN