IBM will pay $35 per share for HashiCorp, a 42.6% premium to Monday's closing price. HashiCorp's shares had surged on Tuesday following media reports of the deal talks.

IBM announced on Wednesday (24 April) that it will buy HashiCorp in a deal valued at $6.4bn. The move will expand IBM's cloud-based software products as the demand for AI continues to grow.

Read about the completion of IBM's acquisition of HashiCorp to expand its capabilities meant to help clients automate hybrid ... IBM struck a $6.4 billion deal to buy San Francisco-based HashiCorp.

IBM is set to acquire HashiCorp, a vendor that makes software to help businesses manage digital infrastructure, for $6.4 billion. Big Blue announced the deal, which is expected to close before the end ...

IBM said the decision to buy HashiCorp is a continuation of its “deep focus and investment in hybrid cloud and AI, the two most transformational technologies for clients today.” ...

IBM Falls On Fears Over HashiCorp Acquisition. International Business Machines Corporation (NYSE:IBM) investors who attempted to defy gravity and didn't layer out (cut exposure) from their ...

I discuss IBM's $7 billion acquisition of HashiCorp, highlighting challenges and missed opportunities in AI software growth.

IBM to buy HashiCorp in $6.4 billion deal to expand in cloud ...

(Reuters) -International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered ...