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Rumors of Azul's Death Highly Exaggerated (8 messages)
- Posted by: Joseph Ottinger
- Posted on: September 14 2007 05:15 EDT
Azul has responded to the Register's claims that they were for sale, pointing out $40M in recent funding. The Register hasn't changed its story much, but it appears that Azul, regardless of what's going on behind the scenes, is still alive and kicking - and, more importantly, viable. Companies often have to keep some information close to the vest when things are changing. For instance, as referred to in the earlier thread on Azul, JBoss denied (forcefully) that they were being bought by Red Hat, a day or so before the sale actually went through. (Your Humble Editor called them up, and asked directly.) There's nothing wrong with this; it's actually required, by law in the US, by the Securities and Exchange Commission. (As Your Humble Editor understands it, that is, since he's not a lawyer and has no interest in becoming one.) So in this case, it looks like there've been some changes, interpreted by The Register, and published. Azul says they're not accurate, and their funding seems to back that up. This is good; as stated in TSS' earlier thread on the topic, Azul's technology is really fascinating. It'd be great to have one of these devices in a lab, and if the problem domain required some awesome hardware, Azul would be one of the first places to look. Congratulations go to Azul for the $40M; apologies accompany the congratulations because of any confusion caused by TSS' article (although we blame The Reg!); lastly, thanks for chiming in to set the record straight.Threaded Messages (8)
- Re: Rumors of Azul's Death Highly Exaggerated by Persistability Ltd on September 14 2007 05:25 EDT
- Re: Rumors of Azul's Death Highly Exaggerated by Joseph Ottinger on September 14 2007 06:21 EDT
- Re: Rumors of Azul's Death Highly Exaggerated by Henri Karapuu on September 14 2007 07:21 EDT
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Re: Rumors of Azul's Death Highly Exaggerated by Roy Russo on September 14 2007 09:55 EDT
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Re: Rumors of Azul's Death Highly Exaggerated by Billy Newport on September 14 2007 04:45 EDT
- Re: Rumors of Azul's Death Highly Exaggerated by John Davies on September 15 2007 09:04 EDT
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Re: Rumors of Azul's Death Highly Exaggerated by Billy Newport on September 14 2007 04:45 EDT
- Re: Rumors of Azul's Death Highly Exaggerated by Dhanji Prasanna on September 16 2007 07:29 EDT
- Re: Rumors of Azul's Death Highly Exaggerated by John Davies on September 14 2007 09:10 EDT
- Re: Rumors of Azul's Death Highly Exaggerated by Joseph Ottinger on September 14 2007 06:21 EDT
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Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: Persistability Ltd
- Posted on: September 14 2007 05:25 EDT
- in response to Joseph Ottinger
So based on a rumour and nothing more you manage to get 2 stories ? Hope that followed your guidelines for submitting stories ... -
Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: Joseph Ottinger
- Posted on: September 14 2007 06:21 EDT
- in response to Persistability Ltd
So based on a rumour and nothing more you manage to get 2 stories ? Hope that followed your guidelines for submitting stories ...
Do you think the subject was irrelevant? Once the first was published a resolution to the issues mentioned in it would certainly be relevant to me. Would you rather the issue have been ignored as a whole? I'm quite interested in seeing what your approach would have been. (Seriously!) We had a few options:- We could say "oh, rumor, let's ignore it." Then, if The Register had been correct, we'd have been castigated for not paying attention.
- We could report it as rumor (which we did) as well as reporting the result ("valid rumor/invalid rumor.") Of course, then apparently we get accused of scraping for content.
- We can try to find out from the companies involved what's actually going on - in which case the SEC gets in the way, which has happened before and will likely happen again.
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Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: Henri Karapuu
- Posted on: September 14 2007 07:21 EDT
- in response to Joseph Ottinger
Like I said, I'm dreadfully interested in seeing what the TSS readers would have preferred.
You're doing fine. And the well written humorous tone of several articles during the past week has been welcome. It's great to read something that makes you smile instead of endless lists of acronyms and dry technicalities. Keep up the good work. /Henri Karapuu -
Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: Roy Russo
- Posted on: September 14 2007 09:55 EDT
- in response to Joseph Ottinger
I think you handled it correctly... you cited the original source and then cleaned up the discrepancy with this post. -
Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: Billy Newport
- Posted on: September 14 2007 16:45 EDT
- in response to Roy Russo
Thats great news I think. I'm had a lot of fun working with Azul over the last couple of years and the boxes are great tools as well as very fast boxes for the right kind of application. Good news. -
Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: John Davies
- Posted on: September 15 2007 21:04 EDT
- in response to Billy Newport
Thats great news I think. I'm had a lot of fun working with Azul over the last couple of years and the boxes are great tools as well as very fast boxes for the right kind of application. Good news.
Hi Billy, I knew Azul boxes were good but if they can make IBM software go fast then that's simply amazing! :-) -John- -
Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: Dhanji Prasanna
- Posted on: September 16 2007 19:29 EDT
- in response to Joseph Ottinger
Another vote for how you handled it Joe. And I second the comment about keeping the humor going =) Dhanji. -
Re: Rumors of Azul's Death Highly Exaggerated[ Go to top ]
- Posted by: John Davies
- Posted on: September 14 2007 09:10 EDT
- in response to Persistability Ltd
So based on a rumour and nothing more you manage to get 2 stories ?
I think in this case it was the right thing to do, a misplaced news article like the previous one could do a lot of harm to any obviously healthy company. Jo is absolutely right in that they could just about to be bought and would still deny everything, it's simply the rules (law) of M&A. JBoss, Tangosol, C24 et al were exactly the same, rumours got out but if the CEO gave as much as a grin he could be in big trouble. In this case the recent funding and aggressive hiring speaks for itself, as does the product. Come and see it first hand at Google, in New York on the 19th... http://nyjavasig.com/ -John-