Is it negligient of CVC Fund to not acquire Litespeed & Cloudlinux?
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July 29, 2024
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Originally Posted by
Mike – MDDHosting
No. Please god no. [The Office Meme -> Michael Scott]
We do not need CloudLinux and Imunify under the WebPros branding or backed by VC that cares only about extracting profits over anything else.
Honestly – I think there needs to be more competition in this space, not consolidation.
you don’t have to worry about that as CVC is a private equity leveraged buyout fund, not so much a VC
these funds specialize in extracting maximum value while investing little in development – “Greed, for lack of a better word, is good” -wolf of wall street
personally i think it’s more interesting if ibm via rhel does the full vertical stack integration, they don’t have a libcare to compete with oracle…
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Tags Acquire CloudLinux CVC fund LiteSpeed negligient
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