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IBM nearing a buyout deal for HashiCorp, source says

reuters.com

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

#151

Post by ruraljuror »

mamonster wrote: post #24
riffic wrote: post #4

synergy with Red Hat if this acquisition is done well

The IBM stock being below where it was in 2013 probably means it won't be.

What do you mean? This seems to contradict https://www.macrotrends.net/stocks/charts/IBM/ibm/stock-pric...

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

#152

Post by glenngillen »

belter wrote: post #91
sneed_chucker wrote: post #6

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.

True story...At one point in time, IBM bought so many companies, they produced internally an audio CD, sales reps were supposed to listen to on their way to customers visits. Reminding the name of the company, and explaining what each company was about...

I find it hilarious how much this resonates with my time at AWS. Except it was for new service announcements, and video rather than a CD. History repeats.

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

#153

Post by glenngillen »

dblooman wrote: post #41

This seemed like an inevitability given the reliance on enterprise customers and the move to maximise the revenue from Terraform with the recent license change. They have made a round of layoffs, so at least some cost saving has already been done to make it more appealing for a sale. The main challenge from an acquisition like this will be maintaining the community around terraform providers, if that drops off, i'm n…

The discussion here when the license change occurred, from people with throwaway accounts claiming to be from HashiCorp, was that Terraform revenue was not the motivator... it was because IBM was selling Vault.

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

#154

Post by hinkley »

wmf wrote: post #94
hinkley wrote: post #82

Earlier quoted context omitted.

I’m not happy about this but my silver linings are: 1) At least Ellison doesn’t end up with it 2) Consul should tend to bring down the aggregate complexity of IBM solutions just a little bit.

I would predict that IBM will cancel Consul and Nomad completely to focus on k8s.

It’ll be about terraform won’t it?

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

#155

Post by AaronFriel »

tech_tuna wrote: post #143
sylens wrote: post #123

If you were looking to standardize on IaC today, after reading this news - would you go with Terraform or OpenTofu? I honestly can't get a good read on how this will affect the future of Terraform.

OpenTofu. Pulumi is cool especially if you want to run "code" code and not declarative code but Pulumi is in some ways the next Hashicorp. We'll see if they can manage to build a business and not become lame and evil like Hashicorp. OpenTofu is 100% open source. Honestly, if they built a real scripting engine into OpenTofu, I'd be overjoyed. As it stands though, the declarative code (HCL) isn't the ugliest.

Pulumi is open source, and committed to Apache 2.0!

We liken our model to git and GitHub, building the best service for the Pulumi engine and related tools.

https://www.pulumi.com/blog/pulumi-hearts-opensource/

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

#157

Post by yencabulator »

mattl wrote: post #148
dralley wrote: post #146

Earlier quoted context omitted.

For that purpose, RHEL is completely free to begin with

Yeah RHEL has had a gratis developer license from their website for maybe a decade now? Before that I would pay $49 a year for it.

As far as I understand, you still need to connect to the Red Hat license server, and you're limited to 16 machines. That's just stupidly unsuitable for a CI worker pool of hundreds of VMs being created from scratch for every run.

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

#158

Post by mattl »

yencabulator wrote: post #157
mattl wrote: post #148

Earlier quoted context omitted.

Yeah RHEL has had a gratis developer license from their website for maybe a decade now? Before that I would pay $49 a year for it.

As far as I understand, you still need to connect to the Red Hat license server, and you're limited to 16 machines. That's just stupidly unsuitable for a CI worker pool of hundreds of VMs being created from scratch for every run.

Yeah that’s something they’d want you to pay for.

I totally get why CentOS was useful. I was briefly involved with Rocky when it first was getting started.

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

#159

Post by nodesocket »

xyst wrote: post #60

Mitchell, one of the co founders, left HashiCorp in December 2023 [1] It’s either terrible timing (missed on more money?) or he knew about it and decided months in advance that it’s not worth the trouble of staying on (ie, look at the aftermath of the RedHat and IBM acquisition). [1] https://www.hashicorp.com/blog/mitchell-reflects-as-he-depar...

I don't think Mitchell has any shares still. At least I could not find him listed on insider transactions. He made billion with B when it went IPO and most likely cashed out near the top which coincidentally is when I bought (facepalm).
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