IBM bought the Weather Underground. It had a set of developer APIs that allowed small-scale apps to make use of their data. As soon as IBM bought them the APIs were changed and replaced with a set priced to be affordable only to other mega-corporations.

It killed a tiny little free app I had built around it. The real irony is that I took a deep breath, looked around, and adapted the app to use the Dark Skies API instead. A few years later Apple bought Dark Skies and killed off its API too. {heavy sigh}

I was part of an acquisition, company was performing well against bigger players and IBM came in and threw a load of money at the owners.

Once we completed the transref of business we were paid massive retention bonuses, managers got company cars etc.

Not one sale of the product was made in the next 6 years and the business unit closed down. Previous CEO founded a competitor when his non compete clause ended and the customer base IBM had bought moved.

This is not an isolated occurrence.

IBM buys companies because it wants something the company has and it's happy to throw away (sorry, divest) the bits it's not interested in. That's it. The people in the bought company, or their customers, may feel that the things that they valued and that made them precious have been destroyed, but IBM didn't value them enough to preserve them.

They are driven by quarterly earnings. No company can be successful long term when focusing on maximum profit in the next three months. So they buy a company at the top and ride the money wave until they aren’t profitable, then sell the name or IP to another company, lather, rinse, repeat.

They did this with PCs, Storage, big data, Healthcare tech, etc etc. Now they are squeezing the last money juice out the cloud acquisitions because the market is saturated with viable competitors. They will do the same with AI and Quantum Computing in the future.

It is a viable strategy if you are big enough. Broadcom, and before them, Symantec are other examples.

Profit > Innovation

Have you ever used this thing called "Lotus Notes" before?

Oh dear God.

Thank God they sold Thinkpad, then...

Tho I'm not so sure if Lenovo is doing any better...

Didn’t IBM create the punchcard machines the nazis used to catalogue Jews? Genocide counts, right?

IBM is a law firm wrapped in a tech company.

Source - 10+ years working with them and watching them keep their claws dug in with management.

IBM started in my town and destroyed the whole town. They dumped toxic chemicals all over the place and then sold off and left this place a ghost town.

OS/2 was poised to be a really awesome operating system. Bad decisions and poor marketing really eff'ed that up. We could have had a full GUI, multi-user OS for consumers like 10 good years earlier than we did and it likely would have curbed Microsoft's monopoly.

Ibm has a reputation for destroying everything they touch thanks to one thing.

Profit at every cost.

Never trust a big corp, never expect anything from them except the intent to screw you. They'll be expecting a thank you.

IBM bought a an innovative SAN company, and sold these products for a while as their XIV brand (no relation to my username!). Was pretty much superior in most ways to their home-grown SAN offerings.

They killed the entire line off, after the 3rd gen product; about all that remains of it is the management UI, they butchered it and applied it to their own SANs. But the UI was only a small part of what made XIV great.

The original XIV founder went on to found Infinidat, which basically carries on where XIV left off, it was a great migration to their hardware!

fwiw i work with a bunch of former ibmers.

super super nice people who are crazy smart.

but think something in their brains got wired differently when they worked there - they just build all sorts of amazing stuff without thinking about the strategy for it. who will use it, in what scenarios, how will it be supported once interest surpasses cycles of the creator.

not all indicative of the companies history or current reputation but interesting to see at the micro level

I suspect that they're a very slow-moving corporate culture and likely mostly interested in value extraction over a long term. It's a general opposite of move-fast-and-break-stuff.

You don't expect IBM to provide paradigm-breaking sexy new things, you expect them to build boring corporate stuff that you support for decades and gradually crystallizes because you can't break specific use cases.

It takes a specific kind to get excited about that.

The whole MCA and PS/2 fiasco is probably at its heart them overplaying their hand on a business level. The PS/2s were cleverly designed machines and MCA was impressive for a 1987 design, but they fell flat because the business guys wanted to use it to rebottle the genie that Compaq released.

I've heard that OS/2 got hamstrung by IBM promising too much business-wise. They sold 286s with the promise it would run OS/2, but the 286 was a pretty bad platform to juggle DOS software and more modern multitasking on, so it was jankier and more incomplete than it needed to be. Even before the era of direct competition, OS/2 had a rep of being expensive and aekward.

I wonder if it would have fared better if the MS-IBM partnership had started 3 yesrs later and targeted the 386 from day 1.

Unfortunately by destroying every startup they touch. The squeeze the money out of absolutely everything while not investing in it.

The only people that can afford something of theirs and are dumb enough to buy it are fortune 500s.

Well, there are exceptions, but I can remember one...

They bought Red Hat, now that company software is going closed source.

I still can't believe they sold ThinkPad to Lenovo. I suppose we can't have a nice thing from IBM anymore?