IBM, HashiCorp
IBM to buy HashiCorp in $6.4bn deal to expand cloud software offerings
The deal demonstrates IBM’s increased focus on software as its consulting business has been hit by decreasing enterprise spending.
IBM raises its cloud automation game with $6.4bn HashiCorp buy
When the deal closes, IBM will further extend its Red Hat subsidiary's cloud automation tool set, strengthening its play in the infrastructure-as-code sector.
IBM Confirms $6.4B HashiCorp Purchase By Year’s End
HashiCorp has a proven track record of enabling clients to manage the complexity of today’s infrastructure and application sprawl,’ says IBM CEO Arvind Krishna in a statement Wednesday.
IBM to buy infrastructure management software vendor HashiCorp for $6.4bn
IBM is set to acquire HashiCorp for $6.4 billion, a vendor that makes software to help businesses manage digital infrastructure. Big Blue announced the deal, which is expected to close before the end of the year, on Wednesday, when it reported its Q1 2024 financial results.
IBM expands hybrid cloud portfolio with $6.4B acquisition of HashiCorp
As expected, IBM Corp. today announced that it has entered into a definitive agreement to acquire infrastructure management provider HashiCorp Inc. for $35 per share in cash, for a total of $6.4 billion.
IBM to Buy HashiCorp in $6.4 Billion Deal to Expand in Cloud
(Reuters) -International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand.
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software
International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand.
IBM Acquires HashiCorp for $6.4 Billion, Expanding Hybrid Cloud Offerings
IBM will acquire San Francisco-based HashiCorp for $6.4 billion, IBM announced during its Q1 earning call on April 24. The deal is expected to close by the end of 2024. The acquisition is part of an effort to broaden IBM’s hybrid cloud,
IBM’s Bet on HashiCorp to Boost Cloud Management Offerings
Its second-largest acquisition to date is geared at helping businesses manage multiple cloud platforms, and capturing the Silicon Valley company’s developer following.
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some ...
IBM Stock Drops After Confirming $6.4B HashiCorp Acquisition, Posting Q1 Revenue Miss
IBM shares dropped more than 8% in extended trading Wednesday after the computing and consultancy giant confirmed plans to ...
Yahoo Finance10d
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
IBM will pay $35 per share for HashiCorp, a 42.6% premium to Monday's closing price. HashiCorp's shares had surged on Tuesday following media reports of the deal talks. HashiCorp's shares rose ...
Reuters9d
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
, opens new tab in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand. Software has been a bright ...
MarketWatch9d
IBM to Buy HashiCorp in $6.4 Billion Deal
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 ...