IBM banks on friendlier US regulatory climate for dealmaking
Briefly

IBM remains confident in its $6.4 billion acquisition of Hashicorp, believing the current regulatory climate is increasingly favorable for mergers and acquisitions. CEO Arvind Krishna mentioned that he anticipates a more rational approach from regulators that will allow for reasonable deals to proceed without extensive delays. The acquisition is positioned to enhance IBM's automation capabilities and streamline application management in hybrid cloud environments. Despite regulatory scrutiny, IBM reassures investors about its financial health, with ample cash flow to support dividends and potential mergers moving forward.
IBM is optimistic about its acquisition of Hashicorp, perceiving a shift in regulatory attitudes towards a more rational environment that favors pro-competition.
Arvind Krishna expressed confidence that reasonable M&A deals will progress swiftly under the current regulatory framework, enabling smoother transactions.
The acquisition aims to enhance IBM's capabilities in managing hybrid cloud environments, leveraging the strengths of Red Hat's Ansible and Terraform.
Despite regulatory challenges, IBM reassures investors about maintaining dividends while being open to M&A opportunities, supported by robust cash flow.
Read at Theregister
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