IBM Finalizes $6.4 Billion Acquisition of HashiCorp to Enhance Hybrid Cloud and AI Solutions
Armonk, N.Y. – IBM has announced that it has now completed the acquisition of HashiCorp, a provider of infrastructure automation and security solutions for hybrid cloud applications and generative AI. This acquisition, which was worth $6.4 billion, will help accelerate innovation, improve security, and provide further value to customers via cloud technologies. HashiCorp’s capabilities will create substantial synergies within IBM’s strategic growth initiatives such as Red Hat, watsonx, data security, IT automation, and consulting services. For example, combining HashiCorp Terraform and Red Hat Ansible Automation Platform offers strong capability to automate infrastructure provisioning and application deployment across multiple clouds. “Organizations […]