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QNX Sold!

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Re: QNX sold - the beginning of the end

Postby Steinhoff » Tue Nov 02, 2004 10:06 am

Igor Kovalenko wrote:
"Armin Steinhoff" <a-steinhoff@web.de> wrote in message
news:cm6890$liu$1@inn.qnx.com...

Igor Kovalenko wrote:

I agree with that, but my concern is of different nature.

Consider you're looking for a plot of land to build something expensive

that

you're going to use for decades. Would you rather find a place where you

can

buy a suitable plot of land or go with a generous offer of another
manufacturer (who at this point may not be a direct competitor but has
history of acquisitions and is looking to expand his business into new
areas) to sublease his plot? That plot is darn nice, but they can only

sign

a short-term sublease (you'd have to renew every year or so)?

Corporate culture is all about risk management. There are many ways to
assess the same event and some people will chose to be optimistic.

However

most people will chose to be pragmatic. Management can change (at both

QNX

and Harman) and that does not fit well into any risk management

strategy.

This kind of 'risk management strategy' seems to be a little bit
curious. Life is short ... also for managers :)


Yes Armin, I know that. This would not be an issue by itself, but it becomes
an issue when management of your vendor has interests at their heart other
than the product you're buying/using. Today Harman is promising that they
will let QNX to continue to sell to their competitors,

To buy QNX by a competitor is more their decission, IMHO. I can't
imagine that a real direct competitor of Harman will use QNX.

On the other hand I can't imagine that Harman has any intension to use
QNX as an 'in-house' operating system ... this would be FAR to
expensive :)

That means QNX _must_ also be commercially successfull _outsite_ of the
Harman group.

From a commercial point of view I don't see any big changes ...

Regards

Armin













but you can't take
that promise to a bank. Tomorrow they may change their mind. You're
effectively at their mercy.

-- igor

Steinhoff
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Re: QNX sold - the beginning of the end

Postby Chris Herborth » Tue Nov 02, 2004 5:16 pm

Igor Kovalenko wrote:
Yes Armin, I know that. This would not be an issue by itself, but it becomes
an issue when management of your vendor has interests at their heart other
than the product you're buying/using. Today Harman is promising that they
will let QNX to continue to sell to their competitors, but you can't take
that promise to a bank. Tomorrow they may change their mind. You're
effectively at their mercy.

Harmon has a history of buying companies and leaving them alone to run
themselves while nurturing their brands...

--
Chris Herborth (cherborth@qnx.com)
Never send a monster to do the work of an evil scientist.
Chris Herborth
 

Re: QNX Sold!

Postby bilcar » Mon Nov 29, 2004 7:27 pm

I've been in the hospital for the last month and have been unable to jion in
this discussion. But now I'd like to add my 2 cents.

I used to work for a Harman company. In fact I still own Harmon stock, which
is how I first found out about the acquisition. Let me make one thing
perfectly clear. Harman is in the buisness of making money, period! They
bought QSSL because they are sure that they will make money with it,
either via increased revenues, or by reselling it. If they can use the
fact that they own QSSL to the advantage of their own products, that is a
plus for them, but it is NOT why they bought it. I can promise you this,
if QSSL looks like it is turning sour, they will dump it so fast it will
make your head spin.

The company I worked for was very profitible for many years, as soon as
they showed two loosing quarters with no hope of improving, Harman dumped
them for 50 cents on the dollar. They have absolutely no loyality toward
the companies they own. Just look at their stock price over the last decade.
What other company in their wettest dreams could hope to appreciate
like that!
bilcar
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Re: QNX Sold!

Postby Evan Hillas » Mon Nov 29, 2004 9:02 pm

+5 Informative
Evan Hillas
 

Re: QNX Sold!

Postby John Nagle » Fri Dec 03, 2004 4:45 pm

OK, more than a month has gone by since QNX
was sold. What do we know so far? What's happening?
What's improved? What's become worse? Is any
sense of QNX's long term plans emerging yet?

John Nagle
Team Overbot
John Nagle
 

Re: QNX Sold!

Postby Chris Herborth » Mon Dec 06, 2004 4:10 pm

John Nagle wrote:
OK, more than a month has gone by since QNX
was sold. What do we know so far? What's happening?
What's improved? What's become worse? Is any
sense of QNX's long term plans emerging yet?

As a peon on the inside, as far as I can see, nothing has changed yet.
You _could_ say that I wouldn't be allowed to say anything (which would
be true), but I wouldn't change my story.

It's still early. But an acquisition isn't a merger.

--
Chris Herborth (cherborth@qnx.com)
Never send a monster to do the work of an evil scientist.
Chris Herborth
 

Re: QNX Sold!

Postby bilcar » Mon Dec 06, 2004 5:38 pm

Chris Herborth <cherborth@qnx.com> wrote:
CH > John Nagle wrote:
OK, more than a month has gone by since QNX
was sold. What do we know so far? What's happening?
What's improved? What's become worse? Is any
sense of QNX's long term plans emerging yet?

CH > As a peon on the inside, as far as I can see, nothing has changed yet.
CH > You _could_ say that I wouldn't be allowed to say anything (which would
CH > be true), but I wouldn't change my story.

CH > It's still early. But an acquisition isn't a merger.

As I said in my prior post, Harmon bought QNX strictly as an investment.
I.E. not to control them. As long as QNX is profitable for them, they
won't get involved. If QNX starts loosing money, Harmon will dump them
for 50 cents on the dollar. They have No Loyality whatsoever for the
companies they own. I know, I worked for one.

Look at http://finance.yahoo.com/q/bc?s=HAR&t=5 ... z=m&q=b&c=
and tell me how many other companies are that successful in the market
we've had in the last 5 years.
bilcar
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Location: Crete, IL

Re: QNX Sold!

Postby Chris Herborth » Mon Dec 06, 2004 8:09 pm

Bill Caroselli wrote:
As I said in my prior post, Harmon bought QNX strictly as an investment.
I.E. not to control them. As long as QNX is profitable for them, they
won't get involved. If QNX starts loosing money, Harmon will dump them
for 50 cents on the dollar. They have No Loyality whatsoever for the
companies they own. I know, I worked for one.

Isn't the point of investing to get a return on that investment? How do
you expect companies to behave? Public companies have absolutely no
incentive to "be nice" to anyone other than their shareholders.

Only time will tell.

--
Chris Herborth (cherborth@qnx.com)
Never send a monster to do the work of an evil scientist.
Chris Herborth
 

Re: QNX Sold!

Postby John Halpenny » Tue Dec 07, 2004 12:37 am

Chris Herborth wrote:
Bill Caroselli wrote:
As I said in my prior post, Harmon bought QNX strictly as an investment.
I.E. not to control them. As long as QNX is profitable for them, they
won't get involved. If QNX starts loosing money, Harmon will dump them
for 50 cents on the dollar. They have No Loyality whatsoever for the
companies they own. I know, I worked for one.

Isn't the point of investing to get a return on that investment? How do
you expect companies to behave? Public companies have absolutely no
incentive to "be nice" to anyone other than their shareholders.

Only time will tell.

This may be a good thing. Harmon must like what QNX does, since they

paid so much. I don't believe they have any competing divisions to
interfere with what QNX does, so they may just want to keep things going
as they are. We all know here that QNX could be very profitable if it
just had lots of money :-)
John Halpenny


A cluttered desk is the sign of a cluttered mind.
I’m so glad my desk isn't empty.
John Halpenny
 

Re: QNX Sold!

Postby Igor Kovalenko » Wed Dec 08, 2004 8:24 am

"Bill Caroselli" <qtps@earthlink.net> wrote in message
news:cp25fc$k96$2@inn.qnx.com...
Chris Herborth <cherborth@qnx.com> wrote:
CH > John Nagle wrote:
OK, more than a month has gone by since QNX
was sold. What do we know so far? What's happening?
What's improved? What's become worse? Is any
sense of QNX's long term plans emerging yet?

CH > As a peon on the inside, as far as I can see, nothing has changed
yet.
CH > You _could_ say that I wouldn't be allowed to say anything (which
would
CH > be true), but I wouldn't change my story.

CH > It's still early. But an acquisition isn't a merger.

As I said in my prior post, Harmon bought QNX strictly as an investment.
I.E. not to control them. As long as QNX is profitable for them, they
won't get involved. If QNX starts loosing money, Harmon will dump them
for 50 cents on the dollar. They have No Loyality whatsoever for the
companies they own. I know, I worked for one.

Maybe the one you worked for was not originally bought for 6x annual sales.
It'd be royally painful, since even at 50 cents per dollar, it would still
be overpriced. They'd need to go down to something like 25 cents per dollar
to make it attractive. That hurts self-esteem though ;)

Look at http://finance.yahoo.com/q/bc?s=HAR&t=5 ... z=m&q=b&c=
and tell me how many other companies are that successful in the market
we've had in the last 5 years.

Past success has never stopped one from falling.

-- igor
Igor Kovalenko
 

Re: QNX sold - the beginning of the end

Postby rk » Fri Dec 17, 2004 8:32 pm

Evan Hillas <blarg@blarg.blarg> wrote:
Don't be so negative. Harman isn't likely to stifle the development of
QNX, not after throwing so much money at it. And Dan is quoted as
saying the purpose of this is to accelerate things.

Reviving an older branch of the thread here; I have a question.

Everyone seems to be of the opinion that "Having Harman give QNX a whack
of cash will be good because..."

But I'm a little confused on this point -- my understanding is that
*QNX* didn't get a whack of cash; Dan & Gord & some number of key
employees got a whack of cash.

How does giving those guys a whack of cash affect QNX's ability to market,
or retain employees, or buy equipment, or anything??? Is Dan going to fund
QNX out of his own pocket?

Cheers,
-RK

--
[If replying via email, you'll need to click on the URL that's emailed to you
afterwards to forward the email to me -- spam filters and all that]
Robert Krten, PDP minicomputer collector http://www.parse.com/~museum/
rk
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Re: QNX sold - the beginning of the end

Postby camz » Fri Dec 17, 2004 8:47 pm

Robert Krten <rk@parse.com> wrote:
How does giving those guys a whack of cash affect QNX's ability to market,
or retain employees, or buy equipment, or anything??? Is Dan going to fund
QNX out of his own pocket?

Excellent question! I have no idea.

I can only guess that it now provides them with a line of credit from the
"bank of Harman". This might allow them to assign additional resources to
some areas of the business and product without worrying about financing it
100% from sales revenue.

That's only speculation, but now that you have brought it up, I too am at
a bit of a quandry as to how the purchase helps anyone financially other
than the private shareholders that sold their stake to Harman. They might
work for QSS, but that doesn't help QSS the corporation.

Cheers,
Camz.

--
Martin Zimmerman camz@passageway.com
Camz Software Enterprises www.passageway.com/camz/qnx/
QNX Programming & Consulting www.qnxzone.com
camz
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Re: QNX sold - the beginning of the end

Postby bilcar » Thu Jan 06, 2005 9:47 pm

I have sad news. As much as I am pro QNX comunity, this is what I have
found.

First, of all, I am once again looking for employment. I have examined
every job posting in the internet with the three little letters "QNX". Most
of these job postings are from companies that are moving away from QNX.
WHAT A MISTAKE THEY ARE MAKING!

But, I am still a true believer. I hope that Harmen purchasing QSSL is a
sign that I won't end up going down with the ship.
bilcar
Senior Member
 
Posts: 573
Joined: Wed Feb 04, 2004 5:50 pm
Location: Crete, IL

Re: Looking for Mid to Senior SW Engineer

Postby Miguel Simon » Fri Jan 07, 2005 9:22 am

Hi Bill...

I found this int he eclipse.tools.cdt They are looking for someone that
can program.

Bests...

Miguel.


"Re: Looking for Mid to Senior SW Engineer"
Dan Bourque wrote:
Hi all,

Cisco Systems is looking for a software engineer in the San Jose, CA
area preferably with Eclipse plugin development experience. If you're
interested, or know someone that might be, here's the description:

Mid to Senior software engineer to help develop an Integrated
Development Environment (IDE) for an advanced packet processor. Strong
Java, tool, and IDE development background required. Plugin development
in Eclipse and/or the CDT a plus.

Please send your résumé to me directly, at Dan.Bourque@Cisco.com.

Thanks, and have a Happy New Year!
-Dan.





QNX wrote:
I have sad news. As much as I am pro QNX comunity, this is what I have
found.

First, of all, I am once again looking for employment. I have examined
every job posting in the internet with the three little letters "QNX". Most
of these job postings are from companies that are moving away from QNX.
WHAT A MISTAKE THEY ARE MAKING!

But, I am still a true believer. I hope that Harmen purchasing QSSL is a
sign that I won't end up going down with the ship.

Miguel Simon
 

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