IBM Acquires HashiCorp: A $6.4 Billion Cloud Expansion

IBM expands cloud portfolio, acquiring HashiCorp for $6.4B to leverage AI-driven demand, aiming to bolster software offerings.

[{"selector":"#anim-8e758f42-17e4-48d8-9638-a47dfb4502a2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-eceebdcf-00f1-4475-a7ca-55b789b412f8","keyframes":[{"offset":0,"transform":"translate3d(0, -239.56541%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -67.365793292%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -22.902453196000003%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -8.600398219%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -3.737220396%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}]

HashiCorp shares surge 4% post-deal, while IBM faces a 7% dip in extended trading, with Q1 revenue slightly below expectations.

[{"selector":"#anim-31031551-48cd-422d-b960-2e7c28e561f0","keyframes":{"transform":["translate3d(-108.58896%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-43f0b0da-10ad-421f-af36-4df1e42b6e3a","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

IBM's software sector grows 5.5% in Q1, doubling down on cloud infrastructure to meet escalating AI data processing needs.

[{"selector":"#anim-92509e7c-cbe4-4378-b592-47e3855d975a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fa836763-a837-48d6-9d01-3a6c492f575a","keyframes":{"transform":["translate3d(106.92521%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-becfe637-674c-44d4-923f-5faf51339dcb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a250411b-8e7f-4069-9830-217a7973bd33","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

HashiCorp deal to boost IBM's profits within a year, funded by cash reserves, reinforcing market position with a strategic acquisition.

[{"selector":"#anim-57e1f85f-1db3-4428-a265-e35c92123cd0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0dba494d-07e2-420b-b8de-c8c28006e53a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Analysts laud IBM's acquisition strategy, citing HashiCorp as a market leader, enhancing IBM's existing cloud portfolio.

[{"selector":"#anim-a94f6631-a492-4afe-94c0-cc6a88a58d9c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-ae868fba-a735-4445-83f8-f231d9206476","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-47768377-9b45-4800-bf60-3733ee579e39","keyframes":{"transform":["translate3d(0px, 131.44733%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

IBM Acquires HashiCorp: A $6.4 Billion Cloud Expansion

IBM Acquires HashiCorp: A $6.4 Billion Cloud Expansion

IBM expands cloud portfolio, acquiring HashiCorp for $6.4B to leverage AI-driven demand, aiming to bolster software offerings.

IBM expands cloud portfolio, acquiring HashiCorp for $6.4B to leverage AI-driven demand, aiming to bolster software offerings.

HashiCorp shares surge 4% post-deal, while IBM faces a 7% dip in extended trading, with Q1 revenue slightly below expectations.

HashiCorp shares surge 4% post-deal, while IBM faces a 7% dip in extended trading, with Q1 revenue slightly below expectations.

IBM's software sector grows 5.5% in Q1, doubling down on cloud infrastructure to meet escalating AI data processing needs.

IBM's software sector grows 5.5% in Q1, doubling down on cloud infrastructure to meet escalating AI data processing needs.

HashiCorp deal to boost IBM's profits within a year, funded by cash reserves, reinforcing market position with a strategic acquisition.

HashiCorp deal to boost IBM's profits within a year, funded by cash reserves, reinforcing market position with a strategic acquisition.

Analysts laud IBM's acquisition strategy, citing HashiCorp as a market leader, enhancing IBM's existing cloud portfolio.

Analysts laud IBM's acquisition strategy, citing HashiCorp as a market leader, enhancing IBM's existing cloud portfolio.

For more such interesting news

Click Here

Click Here