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And thus was born a new entrant into the large public cloud space. Congrats Linode! I'm guessing Digital Ocean will be next.
by VWWHFSfQ 5y ago
And thus was born a new entrant into the large public cloud space. Congrats Linode!
I'm guessing Digital Ocean will be next.
- benatkin 5y agoIt seems like a massive acquihire to me - similar to Heroku. I don't think that DigitalOcean will be acquihired.
- Elof 5y agoDefinitely not an acquihire. Linode build a super solid business without taking any venture.
- Elof 5y agoMore info: https://www.marketwatch.com/story/akamai-tech-to-buy-linode-for-about-900-million-271644961664#:~:text=Akamai%20Technologies%20Inc.%20said%20Tuesday,revenue%20in%20fiscal%20year%202022 https://www.marketwatch.com/story/akamai-tech-to-buy-linode-....
- deleted 5y ago[deleted]
- mlyle 5y ago$900M is pretty steep to acquire about 200 employees, of whom only a small fraction are technical. Nah, this is about acquiring a business for 9x revenue...
- samwillis 5y ago18 years is a long time to run a business, I believe Linode hasn’t had much outside investment. I suspect the founding team are looking to exit and will slowly pull back over the next couple of years.
- deleted 5y ago[deleted]
- antoniuschan99 5y agoLess chance b/c DO is public now!
- benatkin 5y agoYeah, it would be quite an acquihire, and I am already stretching the definition by including Heroku! A true acquisition still is a strong possibility, but certainly far less likely than before the IPO, and it might be described as a merger.
- antoniuschan99 5y agoI could see Oracle buying DO