IBM nearing deal for cloud software provider HashiCorp, sour

IBM nearing deal for cloud software provider HashiCorp, source says

(Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions to build out its cloud offerings.

Related Keywords

Bengaluru , Karnataka , India , Arvind Krishna , Arsheeya Bajwa , Sriraj Kalluvila , Shailesh Kuber , Reuters , Ibm , Red Hat , International Business Machines , Wall Street Journal , Vista Equity Partners , Cloud Software , Hashicorp , Software Company , Cloud Offerings ,

© 2025 Vimarsana