HashiCorp’s annual HashiConf shindig wrapped up in Boston with a Big Blue elephant in the room and a hissed instruction: “Don’t mention IBM!” That the conference was in the unspoken shadow of the impending IBM acquisition was a shame since the… Article Source https://www.theregister.com/2024/10/18/hashicorp_hashiconf_terraform_updates/
HashiCorp’s CEO has insisted the firm’s takeover by IBM is on track to close by the end of this year, despite increased scrutiny of the deal by regulators in the US and UK. This post is for subscribers only … Article Source https://www.thestack.technology/hashicorp-boss-shrugs-off-regulators-says-ibm-deal-on-track/
The stock price of Hashi Corporation (NASDAQ:Health professional) dropped by almost 1% following concerns among investors regarding its planned sale to IBM (NYSE:IBM). There are worries that antitrust regulators may request more information regarding the deal, with rumours circulating that the Federal Trade Commission may issue a second application as a Friday deadline looms. These … Read more
IBM has announced its plans to acquire the cloud infrastructure tools provider HashiCorp for $6.4 billion. The deal is expected to close by the end of 2024 and will enhance IBM’s position in the hybrid cloud and AI space. IBM CEO Arvind Krishna highlighted HashiCorp’s track record in managing infrastructure complexity and application proliferation. The … Read more
IBM announced last week that it will be acquiring HashiCorp for $6.4 billion, at $35 per share in cash. The goal of this acquisition, according to IBM’s President and CEO Arvind Krishna, is to create a hybrid cloud platform that is well-equipped to handle the challenges of the AI era. As cloud native workloads and … Read more
IBM has made a strategic move by partnering with HashiCorp to enhance its cloud management offering. This collaboration between the two tech giants marks a significant step towards improving IBM’s cloud services and expanding its customer base. HashiCorp, known for its expertise in cloud infrastructure automation, will bring a wealth of knowledge and resources to … Read more
HashiCorp (Sanitary professional) saw a slight increase in its stock price after reports surfaced regarding the antitrust review of its acquisition by IBM (NYSE:IBM). The Department of Justice, known for scrutinizing IBM deals, did not raise any objections to HashiCorp’s sale for $6.4 billion, signaling a potential green light for the transaction to proceed. However, … Read more
HashiCorp faces increased regulatory scrutiny over its acquisition by IBM, causing its shares to drop about 1% on Thursday. The FTC is conducting a review of IBM’s planned $6.4 billion acquisition of HashiCorp, focusing on potential competition concerns in the cloud software and encryption tools sectors. Despite the uncertainty, IBM expects the transaction to close … Read more
HashiCorp, a technology company listed on the Nasdaq under the ticker symbol “Sanitary professional,” announced on Tuesday a significant partnership with Amazon Web Services (AWS). The collaboration agreement, set to span five years, will see both companies increasing their investments in co-innovation and working together on go-to-market strategies to benefit their customers. One of the … Read more
HashiCorp’s acquisition by IBM has sparked mixed reactions within the HashiCorp and OpenTofu communities. While IBM has stated that HashiCorp will remain independent post-acquisition, past experiences with IBM’s acquisitions in the IT world have led to skepticism among some community members. The decision by HashiCorp to adopt the Commercial Font License (BSL) instead of the … Read more