April 24 (Reuters) - International Business Machines (IBM.N), opens new tab will buy HashiCorp (HCP.O), opens new tab in a deal valued at $6.4 billion, the company said on Wednesday, expanding its ...

IBM announced on Wednesday (24 April) that it will buy HashiCorp in a deal valued at $6.4bn. The move will expand IBM's cloud-based software products as the demand for AI continues to grow.

In announcing the closure of its $6.4 billion buy of Hashicorp, IBM said its goal is to infuse HashiCorp automation and security technology in every data center possible. With the deal ...

IBM has announced its acquisition of ... following previous acquisitions like the $34 billion Red Hat buy in 2018 and Apptio last year. HashiCorp, known for its cloud lifecycle management and ...

The CMA gave IBM the go-ahead to buy HashiCorp on Tuesday. According to TechCrunch, the FTC had quietly signed off on the transaction shortly before the CMA. HashiCorp provides free software tools ...

In April 2024, IBM struck a $6.4 billion deal to buy San Francisco-based HashiCorp. HashiCorp’s infrastructure lifecycle management and security lifecycle management offerings help organizations ...

As typical of the failed past of the tech giant, IBM is again trying to buy growth when full investment into current AI products is the desired focus. The HashiCorp deal is now on hold due to FTC ...

After its shares fell further, IBM made an offer to buy HashiCorp for $6.4 billion. The deal is expected to close by year-end. Further complicating the situation, HashiCorp’s licensing switch ...

(Reuters) -International Business Machines will buy HashiCorp in a deal valued ... sales and bookings from various offerings. IBM said the HashiCorp acquisition would be funded by cash on hand ...

International Business Machines agreed to buy cloud-software company HashiCorp in a deal with an enterprise value of $6.4 billion, extending the tech company’s push into cloud and artificial ...