News for hackers. Stuff that matters.
Re:IBM Completes Acquisition of HashiCorp by bigfatkitten on Thursday February 27, 2025 @06:32PM (#43199788)
One of those places (like HP, Oracle and Broadcom, and also CA back in the day) where once good companies go to die.
Re:IBM Completes Acquisition of HashiCorp by dralley on Thursday February 27, 2025 @08:14PM (#43200512)
As a current Red Hat employee, I can say that they've treated us far better than the likes of Oracle or Broadcom would have.
Re:IBM Completes Acquisition of HashiCorp by gryfft on Thursday February 27, 2025 @08:36PM (#43200641)
Give it time.
Re:IBM Completes Acquisition of HashiCorp by dralley on Thursday February 27, 2025 @08:43PM (#43200692)
It's been almost 6 years
Re:IBM Completes Acquisition of HashiCorp by gryfft on Friday February 28, 2025 @07:33AM (#43204906)
IBM acquired SoftLayer in 2013 and the bluewashing didn't reach a fever pitch until 2019 or so. Also, the pandemic slowed things down at an already dinosauric company. IBM is over a hundred years old. I have faith that it will get around to entirely ruining Red Hat sooner than later.
Re:IBM Completes Acquisition of HashiCorp by glzone1 on Thursday February 27, 2025 @08:32PM (#43200623)
Redhat has really delivered for IBM and IBM seems not to have messed it up too bad.

Some of this is obvious (linux and mainframes aren't a bad combo). Some of it I'm a bit surprised by (openshift revenue seems strong).

Probably already basically returned purchase price in revenue and much more than purchase price in market cap.

A noticeable thing is

https://www.redhat.com/en

Most of the these type plays the home page has stacked toolbars / marketing / popups / announcements from the parent company and their branding everywhere (IBM XXX powered by Redhat)... I see very little IBM logo or corporate pop-up policy jank on redhat.com.

Re:IBM Completes Acquisition of HashiCorp by throwaway2037 on Thursday February 27, 2025 @09:30PM (#43201049)
Nice. When I opened their homepage, I could not find anything obvious that shows they are owned by IBM. Literally, I had to search the HTML source code to find the sequential characters "IBM"!
Re:IBM Completes Acquisition of HashiCorp by febyewary on Friday February 28, 2025 @01:13AM (#43202284)
Finally, a company to match the quality of Terraform.