IBM doubles down on hybrid cloud with $6.4B HashiCorp acquisition
CIO
APRIL 25, 2024
In a move that significantly bolsters its position in the cloud services market, IBM has announced it is acquiring HashiCorp , a multicloud infrastructure automation company, for $6.4 billion. HashiCorp is known for its Terraform product, an infrastructure automation tool, which is considered an industry standard for infrastructure provisioning in hybrid and multicloud environments.
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