April 24 (Reuters) - International Business Machines (IBM.N), opens new tab will buy HashiCorp (HCP.O), opens new tab in a deal valued at $6.4 billion, the company said on Wednesday, expanding its ...

In announcing the closure of its $6.4 billion buy of Hashicorp, IBM said its goal is to infuse HashiCorp automation and security technology in every data center possible. With the deal ...

The CMA gave IBM the go-ahead to buy HashiCorp on Tuesday. According to TechCrunch, the FTC had quietly signed off on the transaction shortly before the CMA. HashiCorp provides free software tools ...

IBM in late April agreed to buy HashiCorp for $35 a share in cash. Shares of HashiCorp (HCP) ticked lower by 0.4% on Tuesday.

In April 2024, IBM struck a $6.4 billion deal to buy San Francisco-based HashiCorp. HashiCorp’s infrastructure lifecycle management and security lifecycle management offerings help organizations ...

Not so long ago, word emerged about tech giant International Business Machines’ (IBM) plan to buy HashiCorp, an “infrastructure cloud company.” But not surprisingly, it quickly ran afoul of ...

After its shares fell further, IBM made an offer to buy HashiCorp for $6.4 billion. The deal is expected to close by year-end. Further complicating the situation, HashiCorp’s licensing switch ...

As typical of the failed past of the tech giant, IBM is again trying to buy growth when full investment into current AI products is the desired focus. The HashiCorp deal is now on hold due to FTC ...

Based in California, HashiCorp is a software company ... is likely to propel the stock upward. IBM currently carries a Zacks Rank #2 (Buy). A couple of other top-ranked stocks in the broader ...

As The Wall Street Journal reports, IBM announced it agreed to buy HashiCorp in April for around $6.4 billion. The takeover, should it proceed, would extend IBM’s push into cloud and AI ...

However, the deal still values HashiCorp at less than half the $14 billion it was worth after its initial public offering in 2021. IBM first announced its plan to buy the company in April ...

International Business Machines agreed to buy cloud-software company HashiCorp in a deal with an enterprise value of $6.4 billion, extending the tech company’s push into cloud and artificial ...