[HN Gopher] Cisco to acquire Isovalent
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       Cisco to acquire Isovalent
        
       Author : ABS
       Score  : 124 points
       Date   : 2023-12-21 14:15 UTC (8 hours ago)
        
 (HTM) web link (isovalent.com)
 (TXT) w3m dump (isovalent.com)
        
       | klooney wrote:
       | Oh no, that's a bad sign for the future of Cilium.
        
         | ABS wrote:
         | Not too concerned, Cilium was accepted by the CNCF in 2021 and
         | moved from "Incubating" to "Graduated" a couple of months ago.
        
           | acdha wrote:
           | How many of the core developers don't work for Cisco?
           | Projects tend to go where the core team wants.
        
             | ABS wrote:
             | I would guess the majority of the core team works for
             | Isovalent but Cilium is a mature product by now, used by
             | tens of huge companies (e.g. Google's GKE, AWS, Alibaba).
             | 
             | Cisco can screw (and likely will) the commercial Enterprise
             | offering, not really the Cilium project
        
               | acdha wrote:
               | Two things to think about: say they make a big product
               | direction change you don't want - how many people are
               | going to contribute to a community fork? Or say random,
               | senseless acts of MBA happen and nobody is employed to
               | work on it any more.
               | 
               | Those big companies are inconsistent so you can't count
               | on that, especially if the change doesn't affect them or
               | they're already maintaining an internal fork. It's not
               | mission critical for them so I would not be shocked if
               | they decided that some other approach was best for their
               | businesses and their engineers spend time migrating
               | instead of taking over maintainership.
               | 
               | I'm not saying that will or even is likely to happen but
               | I would think about how hard it would be for you if it
               | did because the odds of Cisco screwing up a popular
               | project are a lot greater than zero.
        
             | houseofzeus wrote:
             | They would have had to add a few externals to get to
             | Graduated but it's definitely a minority:
             | 
             | https://github.com/cilium/cilium/blob/main/MAINTAINERS.md
        
         | beardedwizard wrote:
         | in contract negotiations right now. this will 100% be a
         | negative factor like when sophos bought capusl8.
        
       | throwaway2847 wrote:
       | Always sad to see a small player swallowed up by Cisco.
       | 
       | As someone who had the unfortunate experience of going through a
       | Cisco acquisition, there's a familiar pattern.
       | 
       | You can expect that their product roadmap will be torn to shreds
       | as Cisco VPs start streaming in to demand poorly designed
       | integration projects with Cisco's terrible platforms to pad their
       | own resumes. Talent drain ensues as Cisco's low bar for hiring
       | starts to take effect.
       | 
       | The product will keep selling, since Cisco's MO is to leverage
       | its massive sales machine to boost revenue, but there will be
       | little concern for the actual tech itself going forward.
        
         | windexh8er wrote:
         | Yes, I was really disappointed to see this. I've pointed a lot
         | of PM and folks to Isovalent and Cillium. I really like the
         | idea of eBPF as it solves a lot of the issues that just are
         | poorly handled by middleware/middlebox solutions. I'm not sure
         | why a company like Palo Alto Networks didn't jump on this
         | earlier. I know that this, somewhat, cannibalizes their core
         | business model (middlebox solutions) - however I feel like it
         | would have been more of an additional layer than a complete
         | product line disruption.
         | 
         | At the end of the day this is a great buy for Cisco, but
         | horrible news for customers. I feel as though Isovalent was a
         | bit too early with their mouse trap, but damn is it a good one.
        
         | jen20 wrote:
         | At least it's not IBM, I suppose!
        
         | toomuchtodo wrote:
         | Teams and founders who have built material value deserve
         | liquidity and an exit. It sucks when they exit to these sorts
         | of orgs, propose a better path that maintains the value but
         | still provides the exit. Customers becoming shareholders
         | through a direct offering comes to mind, but there are other
         | avenues.
        
           | hn_throwaway_99 wrote:
           | At some point I feel like customers are going to be extremely
           | wary of buying anything from smaller players if they know
           | their filet mignon is destined to instantly transform into a
           | turd sandwich the moment the inevitable acquisition occurs.
        
             | toomuchtodo wrote:
             | Unlikely, the candy is too sweat and the incentives are too
             | short term for anyone to care (on all sides). "Prepare
             | three envelopes."
             | 
             | https://kevinkruse.com/the-ceo-and-the-three-envelopes/
        
         | bastard_op wrote:
         | That is rather sad, Cisco will ruin another good product
         | bringing it into their mediocre product lines to be
         | marginalized to nothing over time. I've had friends that have
         | come into Cisco through acquisition, they invariably last long
         | enough to vest enough of their stock options and get the hell
         | out as quick as possible, almost always 2 years on the dot. I
         | bet Cisco HR can track that as a reliable metric.
         | 
         | Now the purchase of anyone by Cisco simply signals a death
         | knell for them. Last words generally heard now are "they used
         | to be cool".
        
         | tptacek wrote:
         | Cisco has been different companies over the last 30 years, and
         | it's not hard for me to believe their current incarnation is
         | drastically more hospitable than their mid-aughts incarnation.
        
       | jdorfman wrote:
       | I love to see stories like this. Inspiring other companies that
       | contributing to open source can have a ROI.
        
         | gtirloni wrote:
         | Do you like to see these stories as a customer/user or as a
         | founder/investor?
        
           | jdorfman wrote:
           | As an open source contributor and community member.
        
             | gtirloni wrote:
             | Maybe you're not aware of what happens when big companies
             | buy smaller companies that were the main stewards of open
             | source projects. There are many comments in here detailing
             | how much can and usually goes wrong (for contributors,
             | users and the community at large).
        
               | jdorfman wrote:
               | Oh, I'm aware. Cisco will most likely fuck this up
               | somehow. But this story will inspire other small
               | companies to invest in contributing to the open source
               | supply chain which is good for all of us.
        
         | hintklb wrote:
         | Did they though? No price announced which means it's not even
         | clear if investors and employees were made whole.
        
           | jdorfman wrote:
           | True. Maybe ROI wasn't the right phrase.
        
       | billpg wrote:
       | "What shall we call our company?"
       | 
       | "Let's go with a word that looks a bit like 'Insolvent' when you
       | glace at it in a hurry."
        
         | vuln wrote:
         | Right? That's immediately what I thought. Weird.
        
       | jimmyed wrote:
       | Oh no, this is sad news. I wish Isovalent had not given in to
       | avarice, for I cannot ascribe this to anything else. They had
       | really good engineers, with the best inhouse eBPF expertise of
       | any company. This news is worse than CoreOS being gobbled up by
       | RedHat.
        
         | ABS wrote:
         | acquisition (or an IPO but unlikely for such a niche product
         | company) was planned for since day one and likely part of the
         | reason they managed to attract many of those really good
         | engineers.
         | 
         | Series A $29M in 2021 by AZ and Google + Series B $40M in 2022
         | by, among others, Cisco itself.
        
           | jldugger wrote:
           | Also, one of the cofounders worked at Cisco previously. I
           | guess this is what it takes to get promoted at Cisco?
        
         | rajaman0 wrote:
         | don't love this framing - capitalism operates on avarice. Every
         | for-profit company "gives in" to it to a great extent, so we
         | shouldn't put undue blame on isovalent for just looking out for
         | themselves and their employees.
        
       | trevithick wrote:
       | Do Cisco certifications still carry any weight? If not, is there
       | another, non-Cisco cert that's worthwhile? I know CCNA etc. used
       | to have value, but it seems most certifications in general are
       | pretty worthless anymore.
        
         | candiddevmike wrote:
         | What are you trying to get into/validate?
        
         | b5n wrote:
         | IME certs are good for two things, novices who lack
         | fundamentals and vendor partnerships (discounts and/or feature
         | access that requires N certified devs/admins/etc.).
         | 
         | There's also the case where documentation is poor/nonexistent,
         | but the vendor charges customers for 'training' and all of a
         | sudden useful resources become available. I've always felt it's
         | a weird way to treat _already_ paying customers, but seems
         | common in the networking world.
        
           | acdha wrote:
           | One other one: you work in an environment where that is
           | required for some reason. I've known people who got certs
           | because their company contracted for a client who paid more
           | or required some fraction of the staff to be certified. If
           | you work in that kind of area, not leaving money on the table
           | is certainly understandable.
        
         | wangman wrote:
         | I guess the new CNCF Cilium Certified Associate (CCA) is a
         | Cisco certification soon :)
        
       | whalesalad wrote:
       | Oh wow these are the folks who brought ebpf to the world.
       | 
       | Very cool documentary about this:
       | https://www.youtube.com/watch?v=Wb_vD3XZYOA
        
         | tptacek wrote:
         | They did a lot to popularize it, especially among K8s people
         | and Go people, but they did not bring it into the world.
        
           | hacknat wrote:
           | Daniel Borkmann is at Isovalent, he is definitely co-creator
           | of eBPF.
        
             | tptacek wrote:
             | Good point. He was at Red Hat when he did the work, though,
             | right?
        
               | hacknat wrote:
               | Yes.
        
           | whalesalad wrote:
           | Didn't mean bring _into_ the world. Meant bring to the world
           | as-in spread the word far and wide.
        
       | hn_throwaway_99 wrote:
       | Yes, I get it, founders, employees and VCs need a "payday".
       | Still, I feel like I want to start leaving one of my favorite
       | all-time comments about how people are baffled how the poor tech
       | folk will get by if they can't sell out:
       | 
       | https://news.ycombinator.com/item?id=38682717
        
         | chmod600 wrote:
         | Much like different companies need a different set of people,
         | the same company at different stages needs a different set of
         | people.
         | 
         | Some people are great at the research / experimentation phase
         | but not great when it comes to scaling up. Other people aren't
         | great at scaling up but are great during the operational phase.
         | 
         | The operational phase is the only place profit is generated,
         | but the other people need to get paid, too.
        
           | hn_throwaway_99 wrote:
           | But the point is almost nobody believes a Cisco acquisition
           | will lead to "better execution in the scaling phase".
           | 
           | Instead, it will lead to the inevitable enshittification as
           | customers are milked for more and more profit while the tech
           | decays because all the good people leave.
        
             | chmod600 wrote:
             | That may be true for Cisco specifically; I don't know. But
             | some acquisitions really go well and make sense for
             | everyone.
             | 
             | I don't think YouTube was profitable before acquisition.
             | Now it's profitable and a great product.
        
       | jay-barronville wrote:
       | HN can really be quite interesting. Y'all want developers to
       | develop open-source projects. Developers then struggle to
       | financially sustain their projects. BigCo acquires a valuable
       | project, providing liquidity and support to the developers.
       | Instead of being happy for them, HN cries.
       | 
       | Too many idealists here.
       | 
       | What are the practical alternatives?
        
         | keep_reading wrote:
         | Everyone wants free software developers to slave away for free.
         | Give away your worldly things, don't worry about feeding your
         | family or keeping shelter over your head -- just keep on
         | cranking out new releases out of the goodness of your own
         | hearts.
        
         | kiddico wrote:
         | There are no practical alternatives.
         | 
         | It's just simultaneously true that people are sad about the
         | inevitable loss of a previously open source project, and that
         | people are happy the devs are now getting paid for their
         | efforts.
         | 
         | Imo HN tends to show both once the comments settle.
        
       | genbit wrote:
       | Even though Cisco acquires them, I believe this is not going to
       | be a "RIP" story -- Cilium is a graduated CNCF project, adopted
       | by all major cloud providers, used by many fortune 100 companies,
       | and have a rich/diverse contributors community. Plus the team at
       | Isovalent is super strong, and eBPF powerhouse, they are going to
       | continue working on Cilium, Tetragon, and other eBPF projects.
       | And they've build a strong and vibrant OSS community. Cisco did a
       | really smart and strategic move to lead a modernization of
       | networking and security.
        
         | jbiggley wrote:
         | I agree. The team at Isovalent is extraordinary and should
         | continue to be strong champions of BPF for network and security
         | use cases. With Cisco footing the bill, I think we will see
         | even more expansion into XDP traffic processing that is native
         | to hardware vs. the current overlay model.
         | 
         | First Splunk, now Isovalent. Cisco has been busy this year!
        
           | randmeerkat wrote:
           | > The team at Isovalent is extraordinary and should continue
           | to be strong champions of BPF for network and security use
           | cases.
           | 
           | That won't stop a bunch of them from being laid off like what
           | happened during the Splunk acquisition.
        
             | kapilvt wrote:
             | Those products are at very different maturity points, wrt
             | to continued commercial adoption, aka revenue gen.
        
       | adra wrote:
       | Man, I read the headline three times and each time I read Cisco
       | is acquiring insolvent. Bad idea naming a company so close to an
       | English word both in length, number of similar characters, and
       | most importantly first and last chars.
        
       | hintklb wrote:
       | No price announced which usually means it is not an amazing
       | outcome.
       | 
       | Employees might not even make anything depending on the strike
       | price.
        
       | denysvitali wrote:
       | Mixed feelings - Isovalent is such a great company that it's sort
       | of sad to see it acquired by Cisco.
       | 
       | Hopefully they will keep on being awesome - but Cisco
       | acquisitions aren't generally positive for innovative companies
        
       | jeffrallen wrote:
       | Did anyone else dyslexize that company name into "Insolvent" and
       | then wonder "what kind of sick joke is it to name your company
       | "Insolvent "?
       | 
       | Anyway, good luck to the Isovalent team on their job search.
       | Getting bought by Cisco is not for the faint of heart...
        
       | asmor wrote:
       | Oh no, that turns Cilium from a safe choice into... somewhat
       | uncertain.
       | 
       | Maybe I should look into Istio again.
        
         | Yasuraka wrote:
         | From what I've read and heard, Istio's complexity makes the
         | bite barely worth the chew.
         | 
         | Regarding Cilium, there's a backup plan as soon as there's a
         | license change, which would be a herald of things to come:
         | 
         | the fork.
        
       | sargun wrote:
       | This was likely always the path forward for Isovalent. Thomas
       | Graf was at Cisco prior to building Isovalent (where I believe he
       | was working on eBPF stuff too). Their series A had Cisco in it:
       | https://www.crunchbase.com/funding_round/covalent-io-series-....
       | 
       | Cisco has this idea of spin-ins, that they executed on for
       | sometime, although I believe it's no longer fashionable:
       | https://finance.yahoo.com/news/one-ciscos-star-engineers-def...
        
       | rickysarora wrote:
       | any guesses on what Cisco paid for them?
        
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