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IBM to acquire Confluent

(www.confluent.io)
443 points abd12 | 4 comments | | HN request time: 0.859s | source
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JSR_FDED ◴[] No.46192996[source]
IBM have an absolutely stellar record of blowing acquisitions. The highly motivated newly acquired team will be in honeymoon phase for 3 months, and then it slowly dawns on them that they’ve joined an unbelievably rigid organization where things like customer satisfaction and great products don’t matter at all. Then they’ll be in shock and disbelief at the mind boggling Byzantine rules and internal systems they have to use, whose sole purpose is to make sure nobody does anything. Finally, the core IBM sales force will start to make demands on them and will short to ground any vestiges of energy, time, opportunity and motivation they might have left. The good team members will leave and join a former business partner, or decide to spend more time with the family. They’ll meet often at the beginning to relive the glory days of pre-acquisition and recount times where they went went above and beyond for that important early customer. But then these meetings will become fewer and fewer. Finally they’ll find a way of massaging their resumes to cast the last years as being “at the heart of AI infrastructure”.
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nosefurhairdo ◴[] No.46195863[source]
I'm with a company that was acquired by IBM ~2.5 years ago. The internal systems are definitely rough, but for the most part it's business as usual.

I've heard chatter from our engineering leadership that IBM is trying to push some silly initiatives, but we've been able to prioritize the right work so far.

I also get more equity (one time award + employee stock purchase plan) than I did previously, and with how IBM stock has been performing lately this has been a net positive for me.

FWIW I have heard that IBM used to force their management style on acquisitions in years past, so perhaps this is a fairly recent shift towards a less hands-on approach.

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1. bonzini ◴[] No.46196358[source]
> FWIW I have heard that IBM used to force their management style on acquisitions in years past

Definitely wasn't like that for Red Hat. We had a CFO with an IBM past which was a really nice guy and never ever felt like he was parachutes from IBM.

Now after 6 years legal, HR and finance will move to IBM starting next January; but my perspective from engineering is that after the acquisition it's been and remains business as usual.

I have no idea how it was for Hashicorp.

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2. lisbbb ◴[] No.46196894[source]
Haven't heard a damn thing about "RedHat" in years, though. It's dead as far as Linux distros go. I'm sure it's used in the IBM-o-sphere, but I'm just not around that at all.
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3. bonzini ◴[] No.46196991[source]
Well I am not sure what other commercial distros you consider to be alive, but Red Hat makes Canonical's yearly revenue in a couple weeks.

Outside IBM land, Meta runs on a CentOS Stream fork.

4. nineteen999 ◴[] No.46228174[source]
> I'm just not around that at all.

You might live/work in a bubble. It's used everywhere in large enterprise.