IBM Acquires HashiCorp for $6.4 Billion
April 25, 2024, 9:43 pm
Location: United States, California, San Francisco
Employees: 1001-5000
Founded date: 2012
Total raised: $2.05B
IBM CEO Arvind Krishna sees HashiCorp as a key player in managing today's complex infrastructure and applications. The deal, still pending shareholder and regulatory approval, is expected to boost IBM's cloud capabilities and expand its reach in the developer community. HashiCorp's automation technology will complement IBM's existing offerings, creating a powerful synergy in the hybrid cloud and AI space. With HashiCorp's proven track record and IBM's resources, the future looks bright for both companies.