CompTIA Restructure

[Steve Linthicum]

Thoughts?

November Surprise: Private Equity Nabs CompTIA

The acquisition of CompTIA splits the organization in two -- a new for-profit certification and training business and a non-profit association.

www.channele2e.com

 

[Gregory Childers]

People are still waiting for more clarification from CompTIA

H.I.G. Capital and Thoma Bravo to Acquire CompTIA Brand and Products

https://www.prnewswire.com/news-releases/hig-capital-and-thoma-bravo-to-acquire-comptia-brand-and-products-302294943.html SAN FRANCISCO, MIAMI, and DOWNERS GROVE, Ill., Nov. 4, 2024 /PRNewswire/ -- H.I.G. Capital ("H.I.G.") and Thoma Bravo are pleased to announce the signing of a definitive...

cin.comptia.org

 

[jsgoodrich2]

Private equity ownership is rarely good.

 

[jasoneckert]

I'm just going to go ahead and ask the question I'm sure we're all thinking: After the acquisition, will the + symbol be changed?

 

[Gregory Childers]

Will the price of exam vouchers go up? Will the process for renewals change? Will the content and questions of the exams be altered due to new ownership?

CompTIA needs to do a full-blown press conference because the online chatter is rather harsh.

 

[Tess Sluijter]

Well that's the fun part!

The organisation we know as CompTIA will not have to do anything like that! But the new organisation which carries the name CompTIA will need to do so... but it doesn't exist yet.

 

[Tess Sluijter]

I'm just going to go ahead and ask the question I'm sure we're all thinking: After the acquisition, will the + symbol be changed?

Hahaha, now for all exams it will be given a slight nudge, to tip it over, from + to X...

 

[Gregory Childers]

Hahaha, now for all exams it will be given a slight nudge, to tip it over, from + to X...

Because it worked so well for Twitter.....

 

[BrianFord]

Private equity ownership is rarely good.

Yeah. Look what it did to OpenAI. It was a not-for-profit and everyone was happy. And then... Those folks are now just scraping along. Currently valued at only 157 billion?

 

[BrianFord]

I'm just going to go ahead and ask the question I'm sure we're all thinking: After the acquisition, will the + symbol be changed?

I'm thinking that they'll drop the + and move to the ~ or the #. Better for lefties.

 

[Tess Sluijter]

I'm thinking that they'll drop the + and move to the ~ or the #. Better for lefties.

I don't know if that was a political remark, of about left-handed people. Both would apply to me.

 

[BrianFord]

I don't know if that was a political remark, of about left-handed people. Both would apply to me.

No. Just moving to characters on the left side of the keyboard.

 

[jasoneckert]

I'm somewhat disappointed that the title of the announcement wasn't "CompTIA rebrands as CompT-AI, raises $1B from H.I.G. Capital and Thoma Bravo"

 

[Rick Butler]

The way I see it, we don't really *know* what's going to happen - a lot of conjecture arguments out there based on anecdotal information, steeped in a light coating of cynicism. We've all invested a lot of time and energy into this market so it's quite easy to feel a sense of fear and trepidation.

For me, I'm in a 'wait and see' mode. Maybe it will be good, maybe a disaster. Let's see what happens.

To paraphrase Lord of the Rings:

Aragorn: Frodo's fate is no longer in our hands.
Gimli : Then it has all been in vain. The fellowship has failed.
Aragorn : Not if we hold true to each other...

In my uncharacteristic attempt at being positive about things, I believe that CompTIA, for all it does and is doing, is built on the people, the professionals in the industry that do the hard work of training each other and students. I want to believe that CompTIA will make this a good move for the training sector, so I'm going to believe that until I see something definitive.

But that's another 2 cents (that I don't have - so put it on @Trevor Chandler 's tab)

/r

 

[Trevor Chandler]

I have to believe that if the leadership went forward with this move, that it has to be a good move, if not a great one, for CompTIA.

 

[Gregory Childers]

I have to believe that if the leadership went forward with this move, that it has to be a good move, if not a great one, for CompTIA.

Until the deal goes through and we see what changes the new ownership group implements, this is all speculation. It could remain the same, get better, or get worse. We just don't know.

 

[Trevor Chandler]

Until the deal goes through and we see what changes the new ownership group implements, this is all speculation. It could remain the same, get better, or get worse. We just don't know.

Have to agree with you 100% Gregory!!!

 

[Steve Linthicum]

Admittedly the silence is deafening. This transaction, along with the decision by ACI to close its Gainesville video production center (the former ITPro.TV operation), and the recent shrinking of Leo Laporte's TWIT.TV operation to an attic studio in his Petaluma house has me wondering where things are heading.

 

[Gregory Childers]

Admittedly the silence is deafening. This transaction, along with the decision by ACI to close its Gainesville video production center (the former ITPro.TV operation), and the recent shrinking of Leo Laporte's TWIT.TV operation to an attic studio in his Petaluma house has me wondering where things are heading.

Earlier, Educate 360 bought out the entire New Horizons Computer Learning Centers corporate office and corporate locations, discarding all franchise locations.

It was the largest international computer training center, and now it's a shell of it's former self.

 

[Jose A Ruiz Marquez]

Earlier, Educate 360 bought out the entire New Horizons Computer Learning Centers corporate office and corporate locations, discarding all franchise locations.

Yep, I worked in the Puerto Rico center and as soon as the transaction passed we were out of a job.....