back to article Perforce now pulls Puppet's strings: Takeover announced

Perforce, a Minnesota-based maker of DevOps software, on Monday announced the acquisition of Puppet, an Oregon-based maker of configuration management tools, for an undisclosed sum. Puppet had been planning to go public in 2021 and announced management additions to help that happen in November, 2020. Ending up within the …

  1. LDS Silver badge

    The old companies keep on buying the new ones...

    Is the actual business model just making money by selling new companies instead of growing them on their own legs?

    1. nintendoeats Silver badge

      Re: The old companies keep on buying the new ones...

      I think that has been the model in tech for a long time.

    2. phuzz Silver badge

      Re: The old companies keep on buying the new ones...

      A modern business plan goes like this:

      1. Start company

      2. Get VC funding

      3. Sell company

      Making a product and selling it to customers is an optional step. Making a profit is entirely superfluous (eg, Uber).

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