IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition
At the bell on Wednesday, IBM announced it was acquiring HashiCorp for $6.4B, further embracing its hybrid cloud management strategy.
Source: techcrunch.com
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IBM Q1 Earnings: Revenue Miss, EPS Beat, HashiCorp Acquisition, AI Strategy Strength And More - IBM (NYSE:IBM)
IBM's first-quarter revenue increased 1% year-over-year to $14.46 billion, which missed the consensus estimate of $14.55 billion, according to Benzinga Pro. The company reported quarterly adjusted earnings of $1.68 per share, which beat analyst estimates of $1.60 per share.
Source: benzinga.com
IBM To Buy HashiCorp For $6.4 Bln
IBM (IBM) has agreed to buy HashiCorp Inc. (HCP), a multi-cloud infrastructure automation company for an enterprise value of $6.4 billion. HashiCorp's suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate their hybrid and multi-cloud environments.
Source: rttnews.com
IBM RELEASES FIRST-QUARTER RESULTS
IBM today announced first-quarter 2024 earnings results. "We began the year with solid revenue and free cash flow growth, reflecting...
Source: lelezard.com
IBM Confirms $6.4B HashiCorp Purchase By Year's End
‘HashiCorp has a proven track record of enabling clients to manage the complexity of today’s infrastructure and application sprawl,’ says IBM CEO Arvind Krishna in a statement Wednesday.
Source: crn.com