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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 will pay $35 a share for the cloud-software company in cash, giving it access to HashiCorp’s roster of some 4,400 clients. ... IBM to Buy HashiCorp in $6.4 Billion Deal.
Tech giant IBM has confirmed its intention to buy Terraform creator and cloud infrastructure tools vendor HashiCorp for $6.4 billion, a deal set to close by the end of 2024.
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.
IBM Corp. today closed its acquisition of infrastructure automation provider HashiCorp Inc. for $6.4 billion.The companies originally expected to finalize the deal by the end of 2024. The delay li ...
IBM has announced its acquisition of cloud management vendor HashiCorp for $6.4 ... following previous acquisitions like the $34 billion Red Hat buy in 2018 and Apptio last year. HashiCorp, ...
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, which was ...
IBM in late April agreed to buy HashiCorp for $35 a share in cash. Shares of HashiCorp ticked lower by 0.4% on Tuesday. More on HashiCorp. Fedspeak And Earnings Ramp Up Amid Bull Market Vibes; ...
Read about the completion of IBM's acquisition of HashiCorp to expand its capabilities meant to help clients automate hybrid ... IBM struck a $6.4 billion deal to buy San Francisco-based HashiCorp.
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. MORE FROM FORBES ADVISOR. Best High-Yield Savings Accounts Of 2024.
IBM's acquisition of HashiCorp for $7 billion distracts from its AI software opportunity. The tech company has a history of acquisitions that haven't led to meaningful organic growth, with the ...
(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 ...
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