When people talk hypothetically about an acquisition, I wonder who would even buy this. I don't believe there is anyone mad enough to do so. You?
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I think at some point they’ll accept an offer when they realize they can’t get what they think the company is worth. There are no other options than to do this, realistically.
It’s just comes down to when the board (Dean?) decides to throw in the towel. Meanwhile the employee roller coaster continues and the employees exist in a state of limbo.
Designer desktop is just a low-code GUI on top of an aging home grown data analytics engine.
Similarly built workflows run orders of magnitude slower on AMP than on equivalent Python code using Polars. Especially concerning joins with complicated rules that can be lazily evaluated.
Really is only a matter of time until someone overtakes Alteryx on the desktop completely.
I don't think anyone will acquire us, but you never know.
Apparently, quite a few potential suitors of Alteryx are popping up. Just look at the news about it today. Alteryx leadership is preparing the company for a fire sale to the highest bidder. Hopefully not a PE firm……
Werd….
It is difficult to express how much of a brightly polished terd that Trifacta has panned out to be.
I mean, someone decided to buy Trifacta, it's not far-fetched to find a su---r to buy Alteryx.
If I won the lottery, I'd buy out Alteryx and then fire the ENTIRE LEADERSHIP TEAM. Starting with Mark and little puppet Paula, followed by Doniel...
At this point - best bet is private equity buys it out and cuts everything and puts Designer Desktop/Server in maintenance mode. Everything cloud and ML get scrapped - just a focus on maintaining Desktop/Server ARR with big legacy companies with as little cost as possible.
Why would crm buy this pos?? Tableau kicks
AYX a-s. AYX just never figured out how to land and expand and explode. They thought by having Paula or Mark in a mtg sales would role in. The entire game plan was simply to get senior leaders in front of other orgs leaders and deals would happen. Don’t sell, be an admin making mtgs for mark. Ridiculous. Every decision mark has made has been a failure. Darwin, trifacta, Dave Colberg, and now racist comments towards cpo. I mean when does the board finally do something? The guy is pathetic Worst CEO I’ve worked for in 4 companies. Just pathetic.
SAP or CRM are also potential candidates, as they would provide valuable analytics for their core offering. My hunch is that an acquisition might be imminent, given their absence from investor conferences. This suggests that discussions might be reaching their final stages.
They've been regular attendees at the KeyBanc Technology Leadership Forum every August since 2018, spanning the past 5 years. Despite postponing Q2 earnings to August, they could have still participated in the conference. The fact that they chose not to attend indicates a focus on a potential buyout. Additionally, no other conference announcements have been made, although there's still time before the September conference.
Both trading volume and options volume remain robust, indicating underlying activity. This could potentially be linked to an activist investor's involvement. If a buyout isn't arranged, it's only a matter of time before an activist intervention occurs.
With a lackluster cloud product and architecture, the only viable acquirer is going to be a PE firm that massively cuts spending.
At SKO there were rumors about AWS
It’s going to be a bottom-feeder like Oracle or TIBCO.
Basically a company that wants to buy a loyal customer base on the cheap so they can milk it for as long as possible.
Any other real vendor is going to be too smart.
4-5 years ago the rumors were Microsoft and occasionally Tableau.
With Trifacta came Google rumors, but they went all in on Looker.
Now I think people would hope Snowflake or Databricks, but the value prop is wrong.
More likely scenarios would be:
- private equity (but it might be too late since $500m went to Trifacta and skewed the balance sheet - 2 years ago I bet this was a real possibility)
- some middle of the road tech like Oracle or IBM
- some tech laggard like TIBCO
Yep. That's best case scenario