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IBM to acquire Confluent

confluent.io

291–300 of 374 posts

Re: IBM to acquire Confluent

#291
post #231

Earlier quoted context omitted.

> they consistently deliver low quality/bottom-tier services and products I worked with IBMers. The main priority for a lot of them is to ensure continuous employment for themselves and their buddies. They'd add unnecessary complexity to a product to stretch out the development for another couple of years. And they work at leisure pace for tech. Actual 9 to 5, many coffee breaks. They can't compete.

I worked with IBM several decades ago for a customer project, and the solution suggested by an IBM'er for backing up a NoSQL database (Lotus Notes) on a daily basis was to translate and migrate the data to a relational one (DB2), then use a DB2 tape backup system to back it up. When I pointed out that this was a stupid way to do it, they openly told me that they just wanted to sell DB2.

at least they are honest? Also "thanks for the tape backup idea anyway"

Re: IBM to acquire Confluent

#292

Genuine question: how did the IBM acquisitions of Red Hat and HashiCorp turn out? For Red Hat, there's no longer an official "public" distribution of RHEL, but apart from that they seemingly have been left alone and able to continue to develop their own products. But that's only my POV as a user of OSS Red Hat products at home and of RHEL and OpenShift at work.

Gnome has stagnated significantly.

The people on the Red Hat desktop team that work on GNOME are killing it. I think you might not be paying attention. Not every change is visible.

Re: IBM to acquire Confluent

#294
post #290
post #272

Confluent was trading at less than 50% of its IPO price when IBM made the offer. The stock and the company has been going sideways for several years now, keeps growing revenues but loses even more as most of it is in Sales and Marketing. In which world is this seen as some sort of extraordinary company that will get sabotaged by IBM. Seems Confluent management knows the writing on the wall, IBM will clean up (fire a…

I joined IBM over 40 years ago, like my pappy before me. My main takeaway from IBM's longevity is just how astonishingly long big companys' death rattles can be, not how great IBM are at running software businesses.

exactly

Re: IBM to acquire Confluent

#295

This is so fascinating to me. I mean how IBM keeps taking over other companies, but they consistently deliver low quality/bottom-tier services and products. Why do they keep doing the same thing again and again? How are they generating actual revenue this way? Ok, so does anyone remember 'Watson'? It was the chatgpt before chatgpt. they built it in house. Why didn't they compete with OpenAI like Google and Anthropic…

There are entire niches of us that make a living (not at IBM) making certain IBM products actually do what they're supposed to. From my vantage point I see essentially zero maintenance going on with their products. I sincerely don't understand the market (why do people keep paying hundreds of thousands to millions of dollars for non-existent support?) - but whatever.

Just to be clear, you honestly believe that IBM does no maintenance.

For my package on one VERSION alone: https://gitlab.com/redhat/centos-stream/src/kernel/centos-st...

I dont know if you were trying to be funny, or simply dont understand how much change really goes on.

Re: IBM to acquire Confluent

#296

Genuine question: how did the IBM acquisitions of Red Hat and HashiCorp turn out? For Red Hat, there's no longer an official "public" distribution of RHEL, but apart from that they seemingly have been left alone and able to continue to develop their own products. But that's only my POV as a user of OSS Red Hat products at home and of RHEL and OpenShift at work.

> no longer an official "public" distribution of RHEL

What do you mean by that, like "centos/stream" (aka https://www.centos.org/download/ ) ?

Re: IBM to acquire Confluent

#297
post #290
post #272

Confluent was trading at less than 50% of its IPO price when IBM made the offer. The stock and the company has been going sideways for several years now, keeps growing revenues but loses even more as most of it is in Sales and Marketing. In which world is this seen as some sort of extraordinary company that will get sabotaged by IBM. Seems Confluent management knows the writing on the wall, IBM will clean up (fire a…

I joined IBM over 40 years ago, like my pappy before me. My main takeaway from IBM's longevity is just how astonishingly long big companys' death rattles can be, not how great IBM are at running software businesses.

[dead]

Re: IBM to acquire Confluent

#298
post #61
post #33

Earlier quoted context omitted.

We moved off HashiCorp's Terraform Cloud when they tried to hike the price 100x on us, although that was technically pre-acquisition I think (it was their move to resource-based pricing). In talking with our account manager, they basically said they only really cared about enterprise accounts, and that migrating away would probably make sense for us. HashiCorp also changed their licenses to non-open-source licenses,…

In addition to this, I’ve noticed that OpenTofu is gaining much more interesting features and are actually acting upon long-requested functionality that HashiCorp has refused to implement (example: provider for_each in 1.9.0)

Yeah I just implemented a new stack and noticed OpenTofu now supports client side encryption for the state files in with keys stored in Azure KeyVault (in the latest 1.11 release). AWS and GCP had been supported for a while.

Client side state encryption was one of the things which HashiCorp always gatekeeped for HashiCorp Cloud and never implemented in the Open Souce / Sourece Available versions.

Re: IBM to acquire Confluent

#299
post #290
post #272

Confluent was trading at less than 50% of its IPO price when IBM made the offer. The stock and the company has been going sideways for several years now, keeps growing revenues but loses even more as most of it is in Sales and Marketing. In which world is this seen as some sort of extraordinary company that will get sabotaged by IBM. Seems Confluent management knows the writing on the wall, IBM will clean up (fire a…

I joined IBM over 40 years ago, like my pappy before me. My main takeaway from IBM's longevity is just how astonishingly long big companys' death rattles can be, not how great IBM are at running software businesses.

Are they dying? IBM’s stock is up 160% over the past 5 years.

Re: IBM to acquire Confluent

#300

This is so fascinating to me. I mean how IBM keeps taking over other companies, but they consistently deliver low quality/bottom-tier services and products. Why do they keep doing the same thing again and again? How are they generating actual revenue this way? Ok, so does anyone remember 'Watson'? It was the chatgpt before chatgpt. they built it in house. Why didn't they compete with OpenAI like Google and Anthropic…

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