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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

#91

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...

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

#92
post #75

Earlier quoted context omitted.

Please file in a calm and orderly fashion toward the exits and remember: IBM killed Centos for profit. Terraform users can pick up their new alternative here: https://opentofu.org/ and for those of you with Vault, you can find your new alternative here: https://openbao.org/

Do you even realize OpenBao is an IBM initiative?

It's not, it's a Linux Foundation initiative with some IBM developers involved. IBM cannot kill it.

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

#94
post #82

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.

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.

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

#95
post #75

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.

Please file in a calm and orderly fashion toward the exits and remember: IBM killed Centos for profit. Terraform users can pick up their new alternative here: https://opentofu.org/ and for those of you with Vault, you can find your new alternative here: https://openbao.org/

>IBM killed Centos for profit

The community is better off with the combination of AlmaLinux + CentOS Stream.

AlmaLinux provides differentiation by supporting hardware and patches that Red Hat doesn't necessarily want to.

CentOS Stream provides a way for all downstream distros (Red Hat, Alma, Oracle, Rocky, whatever) to contribute back to the ecosystem in a way that is deeper than submitting bug reports to bugzilla.redhat.com

The latter point is something people really miss. CentOS was not much of an "open source" project in the same way that Android isn't much of an "open source" project. There was few ways to contribute directly beyond filing a bug report and waiting for Red Hat / Google to handle it. CentOS Stream is vastly more open as a project.

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

#97
post #75

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.

Please file in a calm and orderly fashion toward the exits and remember: IBM killed Centos for profit. Terraform users can pick up their new alternative here: https://opentofu.org/ and for those of you with Vault, you can find your new alternative here: https://openbao.org/

Do you know that OpenBao is actually funded by IBM?

I'm biased (co-founder) but you should take a look at Infisical for secret management: https://infisical.com

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

#98
post #34

Earlier quoted context omitted.

Been there (not Red Hat) it sucks.

IBM was sure good to someone I know. Some people might not appreciate a great job surrounded by brilliant inventors, even if the company has seem better days, but IBM taught them a lot (such as an absolute commitment to backwards compatibility and long-term support) early in their career and they will be forever grateful to them for those things. Now, they have their own company and would never go back, but they stil…

First time I've heard the benefits at IBM described as incredible.

They're constantly doing small layoffs if not spinning off entire divisions. Even if you aren't personally affected, it's disheartening to find out when people you work with are the target of a "resource action". Their headcount has dropped 150K from 2010.

They did a weird sleight of hand a while ago where you only got a 401k match if you were employed at the end of the year. I see now that they've dropped all 401k matching and have shifted to some kind of small pension program instead.

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

#99

Earlier quoted context omitted.

What does it have to do with him being 42?

Older, more expensive workers are targeted by IBM to be pushed out of the org. They run on cheap offshore, domestic visa, and younger labor, except near the top of the org. https://www.google.com/search?q=ibm+ageism https://h1bdata.info/index.php?em=ibm+&job=&city=&year=2023 https://features.propublica.org/ibm/ibm-age-discrimination-a... https://www.theregister.com/2024/03/15/ibm_ceo_pay_jumps_23/

IBM has a median age of 48 as of 2020. While it's true that they've repeatedly done stuff that smells a lot like age discrimination, it's still a pretty old company all things considered. Compare that to Google, Facebook, etc.

I work for Red Hat, acquired by IBM. None of the older developers working for Red Hat have been laid off. Actually developers as a group were mostly left intact by the one layoff we did have.

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

#100
post #94
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.

If so, Consul → OpenCabbage, Nomad → OpenNoodle
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