
IBM Completes $6.4B Acquisition of HashiCorp to Advance Hybrid Cloud & AI
Key Highlights:
- IBM has completed its $6.4 billion acquisition of HashiCorp, enhancing its hybrid cloud and AI-driven IT automation capabilities.
- HashiCorp's products, including Terraform and Vault, will integrate into IBM’s automation software portfolio, supporting enterprises with multi-cloud infrastructure provisioning and security.
- The acquisition strengthens IBM’s collaborations with hyperscale cloud providers and open-source communities.
- HashiCorp’s solutions complement IBM’s Red Hat offerings, driving synergies in IT automation and cloud-native development.
- IBM aims to infuse HashiCorp technology across global data centers, reinforcing its position as a leader in hybrid cloud innovation.
Source: PR Newswire
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