Web Hosting Talk : Web Hosting Main Forums : Dedicated Server : BIG NEWS - Softlayer sold to The Planet owners/GI Partners

[Eleven2 Hosting]

http://www.alacrastore.com/research/...Profile-806900

Is a merger imminent?

Who will run the new company? Lance as CEO? Doug as Chairman?

[sailor]

I also heard this from several people in the investment industry.

Speculation around hostingcon is that they will be combined and positioned for an IPO - but that softlayer will be the lead on it since they are growing and theplanet apparently from what I have heard from multiple sources is not for all practical purposes.

[chennaihomie]

can anyone confirm about the news?

[hansenc]

wow... that really sucks

[Interix]

Just hope Douglas doesn’t get the chance to run the firm, or it will <<not go well>>

[Maikon]

or we would just see the softlayers founders start another new company called hardlayer

[chennaihomie]

Originally Posted by Maikon

or we would just see the softlayers founders start another new company called hardlayer

Hardlayer is better than softlayer 2

[virys]

OHH NOOOO !!!
will any softlayer partners being affected ?? as 100tb.com ?

as the planet is quite stingy on their bw allowances !

[SnoorkAdvertiser]

Well, both SoftLayer and ThePlanet are great companies so there should not be much difference concerning network quality or service as I'm aware of.

[Jedito]

Originally Posted by hansenc

wow... that really sucks

I agree, less competition between this two monster.

[Creed3020]

I am certainly not too excited about this, I hope this doesn't cause SL to get dragged down into the pit that is TP.

[Tristan Perry]

Woah, this will be a surprise if true. I have mixed feelings about this. Naturally a bigger company can mean better things, although others have said, less competition could be pretty bad..

[BradQ]

Originally Posted by Jedito

I agree, less competition between this two monster.

Sucks for more reasons than that. ThePlanet was one of the first huge dedi companies, and they've never been on the same level as Softlayer, exactly why Lance et al branched out to start it. They never truly competed; monthlies with Softlayer are going to run you 10-50% more, and they have a far better service reputation.

No, 100TB will certainly not be affected, nor will it be "just fine because both are great companies". Even if that was true and they were on the same service level, it's probably going to involve some frustration for a lot of customers. I'd imagine those hosted at SL are going to come out worse in all this.

Edit: tl;dr =

Originally Posted by Creed3020

I am certainly not too excited about this, I hope this doesn't cause SL to get dragged down into the pit that is TP.

[tsj5j]

It's pretty poor news indeed, thePlanet has really dropped from their heyday and it wouldn't take much mismanagement to drag SoftLayer down.

[yajur]

is this info is true?