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croes 2 days ago

It’s actually the other way around. Porsche is a Volkswagen but a Volkswagen isn’t necessarily a Porsche.

VW bought Porsche

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AndroTux 2 days ago | parent | next [-]

Yes, that's what they're saying. LIDL doesn't have a cloud. The Schwarz Group does.

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fodkodrasz 2 days ago | parent [-]

Too bad, a LIDL branded cloud would be something really well marketable. Cloudside services (a'la Parkside)... or something along these lines.

	▲	retired 2 days ago \| parent [-]
		Imagine spinning up a Silvercrest instance for a database. Using W5 to distribute messages across the cloud. Using Parkside for object storage.

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manquer 2 days ago | parent | prev | next [-]

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 .

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ck45 2 days ago | parent | prev [-]

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