IBM moved away from pure cloud infrastructure to focus on managing complex hybrid environments, acquiring Red Hat, Apptio, and now HashiCorp, to enhance its hybrid cloud tools portfolio.
HashiCorp's acquisition provides IBM with cloud lifecycle management tools and a fast-growing business ($155 million revenue last quarter), complementing their hybrid cloud offerings.
HashiCorp and IBM have faced open-source controversies, with HashiCorp changing Terraform's license and IBM acquiring Red Hat, both causing tension in the open-source community.
IBM's recent introduction of the Infrastructure Cloud aligns with their hybrid cloud strategy, enhancing their product catalog with new platform offerings.
[
add
]
[
|
|
...
]