The UK's Competition and Markets Authority (CMA) has launched a merger inquiry into IBM's acquisition of HashiCorp to assess potential impacts on competition within the UK cloud services market.
The CMA's decision to review the merger is not surprising, given the recent scrutiny of the UK's cloud market dynamics and the significance of IBM's acquisition in this context.
The CMA is particularly focused on the complexities within the UK cloud services market, as previous interventions have indicated a need to ensure competitive fairness amidst growing consolidation.
HashiCorp's merger with IBM, valued at $6.4 billion, is intended to enhance IBM's software offerings, allowing customers to better utilize cloud management tools like Terraform.
#cma-inquiry #ibm-hashicorp-merger #cloud-services-competition #regulatory-review #tech-industry-acquisitions
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