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IBM to acquire HashiCorp. Inc for $6.4B

Watsonx, gen AI products yielded over $1B since inception

Vaidik TrivedibyVaidik Trivedi
April 25, 2024
in Strategy
Reading Time: 4 mins read
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IBM plans to acquire cloud services provider HashiCorp for $6.4 billion in cash.  HashiCorp has expertise in deploying multi- and hybrid-cloud infrastructures for enterprise clients, and the combination of the companies will “bolster our leading IT automation platform to address the sprawling complexity of AI-driven application and infrastructure growth,” Chief Executive Arvind Krishna said during […]

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Tags: artificial intelligence (AI)cloud adoptionearningsIBMIBM WatsonPremium
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