International Business Machines agreed to buy cloud-software company HashiCorp in a deal with an enterprise value of $6.4 billion, extending the tech company’s push into cloud and artificial ...
Opinions expressed by Forbes Contributors are their own. Justin is founder and principal analyst at PivotNine. The rumours have been confirmed and IBM will acquire HashiCorp for $35 per share ...
Tech giant IBM has confirmed its intention to buy Terraform creator and cloud infrastructure tools vendor HashiCorp for $6.4 billion, a deal set to close by the end of 2024.
IBM announced on Wednesday (24 April) that it will buy HashiCorp in a deal valued at $6.4bn. The move will expand IBM's cloud-based software products as the demand for AI continues to grow.
In April 2024, IBM announced plans to acquire Hashicorp, a vendor whose Terraform platform the company says can help IBM clients automate cloud deployments. HashiCorp’s catalog includes ...
HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to acquire the cloud software maker. Developers use HashiCorp's software to set up and manage ...
On April 24, 2024, IBM announced that it had signed an agreement to acquire HashiCorp. The acquisition will be at $35 per share (approximately 5,400 yen), for a total acquisition value of $6.4 ...
“We believe there will be added demand because a combined portfolio is more interesting,” IBM CEO Arvind Krishna said on an earnings call. IBM executives painted the planned $6.4 billion ...
IBM's leadership position in implementing open-source AI is key and will drive the company's growth. See why I maintain my ...
Artificial intelligence, automation and robotics are disrupting virtually every industry. In the past year, the world has ...
IBM will pay $35 per share for HashiCorp, a 42.6% premium to Monday's closing price. HashiCorp's shares had surged on Tuesday following media reports of the deal talks.