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by tomschwiha 54 days ago
The title is heavy clickbait. To say I just bought a Porsche when it was actually a Volkswagen is also wrong. Just because they belong to the same owner doesn't make it the same brand.
2 comments

This feels overly pedantic. In practice, the Schwarz Group is "Lidl, plus some random small stuff". Compare Alphabet.
It’s actually the other way around. Porsche is a Volkswagen but a Volkswagen isn’t necessarily a Porsche.

VW bought Porsche

Yes, that's what they're saying. LIDL doesn't have a cloud. The Schwarz Group does.
Too bad, a LIDL branded cloud would be something really well marketable. Cloudside services (a'la Parkside)... or something along these lines.
Imagine spinning up a Silvercrest instance for a database. Using W5 to distribute messages across the cloud. Using Parkside for object storage.
Kinda, VW indeed owns Porche AG 100% today.

However it was more complicated than that. Porche owned 50+% of Volkswagen at the time of Volkswagen buying them. Porche got over extended and leveraged buying Volkswagen . The management family is closely connected since the start and at the time in early 2010s 20% government ownership rule was just getting stuck down by European courts .

Well, it's more difficult. The original Volkswagen was designed by Ferdinand Porsche.