IBM has completed its $6.4 billion acquisition of HashiCorp, an enterprise software company recognized for its Terraform tool, which is pivotal for cloud infrastructure management. This acquisition, coming just two days after UK regulatory approval, is part of IBM's strategy to enhance its hybrid cloud offerings as businesses increasingly seek modern, scalable cloud solutions. With its valuation reaching nearly $240 billion, the acquisition continues IBM’s trend of strategic purchases in the cloud space, following major deals like the $34 billion acquisition of Red Hat and the $4.6 billion acquisition of Apptio.
IBM's $6.4 billion acquisition of HashiCorp will enhance its hybrid cloud capabilities, capitalizing on the demand for modern, scalable cloud infrastructure.
The acquisition builds on IBM's previous investments, notably the $34 billion Red Hat acquisition in 2019, reinforcing its commitment to hybrid cloud solutions.
Collection
[
|
...
]