IBM announces acquisition of HashiCorp for $6.4bn to enhance hybrid cloud and AI capabilities
IBM (NYSE: IBM) has confirmed a definitive agreement to acquire HashiCorp Inc. (NASDAQ: HCP), a leader in multi-cloud infrastructure automation, for $35 per share in cash, summing up to an enterprise value of $6.4 billion. This acquisition is a key part of IBM’s strategy to intensify its investment in hybrid cloud and AI, acknowledging these […]