IBM Acquires HashiCorp for $6.4 Billion, Increasing Hybrid Cloud Choices

IBM Acquires HashiCorp for $6.4 Billion, Increasing Hybrid Cloud Choices

IBM will purchase San Francisco-based HashiCorp for $6.4 billion, IBM introduced throughout its Q1 incomes name on April 24. The deal is predicted to shut by the tip of 2024. The acquisition is a part of an effort to broaden IBM’s hybrid cloud, multicloud and AI portfolio. Finally, IBM plans to make use of HashiCorp…