Earlier quoted context omitted.
I'll let others comment on the technical differences. Have you read The Maglev paper out of Google? At the time right before that was published, one of my engineers was implementing much the same thing. They considered both HAProxy and nginx for the second layer of load balancing. The were technical reasons in either direction. There was some pressure (from me) to go with nginx because we were already using it as our…
What are you spending with HAProxy a year now?
Nginx however is $1900 per year per server. There are plenty of critical features missing from the free edition, for example the status page to see available servers or metrics exporting for monitoring.