IBM to Acquire HashiCorp

$6.4 billion acquisition adds suite of leading hybrid and multi-cloud lifecycle management products to help clients grappling with today’s AI-driven application growth and complexity.

HashiCorp’s capabilities to drive significant synergies across multiple strategic growth areas for IBM, including Red Hat, watsonx, data security, IT automation and Consulting. As a part of IBM, HashiCorp is expected to accelerate innovation and enhance its go-to-market, growth and monetization initiatives.

Transaction expected to be accretive to Adjusted EBITDA within the first full year, post close, and free cash flow in year two.

Details on this acquisition can be found HERE!