Here's hoping they don't run great tools like Consul and Nomad into the ground somehow. If I'm ever forced to ditch Nomad and work with a pile of strung-together components like k8s I might just quit tech altogether.
IBM to buy HashiCorp in $6.4B deal
21–30 of 391 posts
Re: IBM to buy HashiCorp in $6.4B deal
#22Terrible news. New startups should be buying IBM. Not the other way around.
Re: IBM to buy HashiCorp in $6.4B deal
#23Some more discussion yesterday ahead of the deal: https://news.ycombinator.com/item?id=40135303
Re: IBM to buy HashiCorp in $6.4B deal
#24> 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 think typical premium is about 20% for acquisitions.
The amount may have been negotiated prior to this month's downturn, which Hashicorp was hit pretty hard by (they had about a 10% fall based on what I'm seeing).
Re: IBM to buy HashiCorp in $6.4B deal
#25terraform changed to business source license pretty recently too: https://www.hashicorp.com/blog/hashicorp-adopts-business-sou...
Considering IBM sided with the fork, I suspect it'll be reverted for most or all of Hashicorp's projects.
That is the kind of thing that could have been a kind of negotiation tactic for purchasing Hashicorp, not necessarily done in good faith.
Re: IBM to buy HashiCorp in $6.4B deal
#26Should we migrate to OpenTofu?
Since IBM loves the Linux Foundation it's not impossible that Terraform and OpenTofu will merge like GCC and EGCS back in the day.
Re: IBM to buy HashiCorp in $6.4B deal
#27I wonder how this will work with Red Hat. Traditionally, Red Hat and HashiCorp competed more directly than other IBM portfolio products, fighting over the same customer dollars.
Re: IBM to buy HashiCorp in $6.4B deal
#28The copy could not be more IBM: https://www.hashicorp.com/blog/hashicorp-joins-ibm
Accelerate! Multi-cloud! Automation!
Re: IBM to buy HashiCorp in $6.4B deal
#29terraform changed to business source license pretty recently too: https://www.hashicorp.com/blog/hashicorp-adopts-business-sou...
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
Re: IBM to buy HashiCorp in $6.4B deal
#30Overpriced, haha.