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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 ...
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 ...
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 ...
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 ...
We're upgrading HashiCorp, Inc. stock to a buy for a low-risk, quick gain as the stock trades discounted due to acquisition uncertainty. IBM's acquisition of HashiCorp at $35 per share ...
Not so long ago, word emerged about tech giant International Business Machines’ (IBM) plan to buy HashiCorp, an “infrastructure cloud company.” But not surprisingly, it quickly ran afoul of ...
This, in turn, has translated into a healthy demand for IBM hybrid cloud solutions. In addition, the buyout of HashiCorp has significantly augmented the company’s capabilities to assist ...
In April, IBM agreed to buy HashiCorp for approximately $6.4 billion, or $35 per share in cash, to expand its infrastructure and security lifecycle management capabilities to help organizations ...
However, the deal still values HashiCorp at less than half the $14 billion it was worth after its initial public offering in 2021. IBM first announced its plan to buy the company in April ...
As The Wall Street Journal reports, IBM announced it agreed to buy HashiCorp in April for around $6.4 billion. The takeover, should it proceed, would extend IBM’s push into cloud and AI ...
IBM in late April agreed to buy HashiCorp for $35 a share in cash. Shares of HashiCorp (HCP) ticked lower by 0.4% on Tuesday.