bladews, 1 month ago #IBM nearing deal for cloud software provider #HashiCorp https://www.reuters.com/markets/deals/ibm-nearing-buyout-deal-hashicorp-wsj-reports-2024-04-23/
#IBM nearing deal for cloud software provider #HashiCorp https://www.reuters.com/markets/deals/ibm-nearing-buyout-deal-hashicorp-wsj-reports-2024-04-23/
underlap, 1 month ago @bladews When I joined IBM in 1981 it was still willing to bet $millions on "serial, back-to-back impossibilities" in the form of internal mega-projects which often came to nothing. I worked on one such project, SOM (https://en.m.wikipedia.org/wiki/IBM_System_Object_Model), in the 90s. More recently, IBM seems content to let other companies take the risks and then purchase some which turn a profit (e.g. Red Hat). This is good accountancy, but a shame for a former technological powerhouse.
@bladews When I joined IBM in 1981 it was still willing to bet $millions on "serial, back-to-back impossibilities" in the form of internal mega-projects which often came to nothing.
I worked on one such project, SOM (https://en.m.wikipedia.org/wiki/IBM_System_Object_Model), in the 90s.
More recently, IBM seems content to let other companies take the risks and then purchase some which turn a profit (e.g. Red Hat).
This is good accountancy, but a shame for a former technological powerhouse.
Add comment