back to article IBM to acquire Hashi for $6.4B, hopes it will boost software biz and Red Hat

IBM has announced it will acquire Hashi for $6.4 billion, and touted the deal as meaning its hybrid cloud platform will emerge with a “comprehensive” set of products. Big Blue CEO Arvind Krishna said enterprises are struggling to wrestle complex tech estates sprawling across multiple clouds, on-prem environments, and …

  1. sanmigueelbeer
    Coat

    The company advised investors to “expect constant currency revenue growth consistent with its mid-single digit model”

    Translation: As long as Hachi & Red Hat continues their double-digit percentage in yearly revenue, happy days are here to stay.

    1. David 132 Silver badge

      Any Hashi employees over the age of about 35 should be very nervous right now, given IBM’s track record in that area.

      1. elsergiovolador Silver badge

        Great opportunity for shaving and hair dye products salesmen to go round Hashi offices.

        transformed employee

      2. sanmigueelbeer

        Any Hashi employees over the age of about 35 25 should be very nervous right now

        TFTFY

  2. Fruit and Nutcase Silver badge
    Trollface

    Advice I give to the C-Suite is not to do lots of little AI experiments.

    Do consult with us, and we can muddle along on time and materials engagements

    1. JoeCool Silver badge

      Yeah, that bit of self pimping caught my attention too.

  3. ecofeco Silver badge
    FAIL

    Complex tech estates?

    And who made them that way?

    Computers are tools to simply processes. Not complicate them.

    Idiots. Goddamn idiots.

    1. elsergiovolador Silver badge

      Re: Complex tech estates?

      These processes are made complex on purpose so that the suppliers get extensions for maintaining them.

      Kind of crude way of introducing vendor lock-in.

      Even if engineers wanted to so something simple that works just as well, they'll get slapped "This is some first year at uni level of solution. We can't show that to the client, it will make us look bad. Make something complex." and translation "If the client sees it can be that simple, they may hire someone in-house to do it and we lose them."

  4. PhilipN Silver badge

    "IBM to acquire..."

    Just curious and maybe a techie can provide a simple answer :

    This is Big Blue.

    They used to write software.

    Now they buy it.

    For US$6+bn

    Can't Big Blue develop its own Hashi clone for a lot less than 6bn?**

    **I know I know - IP issues - but I presume it could be written in a non-ripoff way.

    1. Mike Pellatt

      Re: "IBM to acquire..."

      It's not a techie thing. It's a C-suite keeping the investors happy thing. M&A grows faster (in the short term) than growing organically. At least in the metrics that shareholders have wet dreams over.

      It's generally a disaster though. Possibly the worst example is Cisco's acquisition of Sourcefire to get themselves a "Next Generation Firewall". I think the promised products integrating the tech finally arrived 3 years late. And, good grief, what a mucking fess their softwate internals are.

    2. Doctor Syntax Silver badge

      Re: "IBM to acquire..."

      "They used to write software."

      That was the expensive way to do it.

  5. Bonzo_red

    Are they using the same advisors as HP used for their acquisition of Autonomy?

  6. Bebu
    Windows

    "...the next 20 or 30 years..."

    《focused users’ attention on choices for the platform they’ll use to host and build applications for the next 20 or 30 years》

    Given that the changes that occurred between a dot com crash and the advent of AI/LLM span three decades, anyone actually worrying about what their applications are going to run on, two or three decades out, is probably not big on "focus." Too much hippy weed in C-suite circles?

    According to Musk your cloud work loads are going to run on his Tesla fleet platform.

    My crystal ball tells me that virtualization (a la VMWare etc) is likely to be replaced by something akin to software directed assembly of hardware (cpu, gpu) components producing an ad hoc processor/system to run the application's code eg if your app doesn't use floating point ops then no fpu is added to the mix, no vector ops likewise. Happy to be around in 30 years to be proved wrong, :)

  7. Doctor Syntax Silver badge

    Now we know why that licence got changed.

  8. Michael Hoffmann Silver badge
    Facepalm

    I had the announcement pop up in my LinkedIn feed.

    The comment thread is a thing to behold. The sycophancy made me nauseous several times. Mostly from IBMers and channel partners. Actual comments about how support and development would now improve to another level with IBM backing.

    Wut?! Maybe it was IBM "AI" bots, I dunno.

    My favourite one was the guy excitedly predicting a merger between IBM + Broadcom + AWS in a few years. I'm serious! To create the tech stack of the future, or some such. That's the mental level of the cheerleaders on that thread.

  9. Anonymous Coward
    Anonymous Coward

    Oh dear.

    Once IBM get their hands on it, Terraform will become Terrorform.

    1. TVU

      I very much doubt that the acquisition of HashiCorp will change IBM's fortunes when it comes to cloud computing. I still expect IBM to remain an also-ran well behind AWS, Azure and Google Cloud.

  10. aerogems Silver badge

    Maybe if IBM's upper management spent less time trying to figure out how to get rid of its older workforce and more time on figuring out what its core business is, the company wouldn't be on the slow train to insolvency.

  11. Anonymous Coward
    Anonymous Coward

    Hashicorpse

  12. Ryan D

    Pack it in already.

    Once big blue balls gets hold of this, it will signal the migration away from terrorform and packer. And then what? I hear opentofu is rather good now. Only the biggest players with massive investments and are use to being abused by IBM will stick around. <Sarcasm>This can only end well </Sarcasm>

  13. Snowy Silver badge
    Joke

    Hopes

    May be they should add some prays to that.

  14. Adrian Bool

    Hashi?

    What's with the use of "Hashi" in this article, as opposed to the company's actual name of HashiCorp?

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