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IBM completed the acquisition of HashiCorp for $6.4bn.

Synopsis

IBM, an American multinational technology company, completed the acquisition of HashiCorp, a software company, for $6.4bn. "Organizations globally are looking to deploy modern, hybrid cloud-ready apps, which require automated cloud infrastructure at significant scale. With this acquisition, IBM is committed to continuing to invest in and grow the HashiCorp capabilities, and together, with HashiCorp's leading technology and extensive developer community, IBM's global reach and R&D resources, our aim is to infuse HashiCorp technology in every data center," Rob Thomas, IBM Senior Vice President.

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