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 …

[Anonymous Coward]

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?

[nintendoeats]

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

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

[phuzz]

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).

[Heavydeck]

It is already being forked.

Since Perforce has started to put puppet builds behind a quite unreasonable per-machine paywall, the people at "Vox Pupuli" are already preparing a puppet fork "OpenVox" (great name, as if there aren't projects named that already).

It only took around 2 years from takeover to finally shut the open side of the project.