Home
All updates
EDGE Insights
Industries
Company Search
My Watchlists (Beta)

All Updates

Filter

M&A

IBM gears up to acquire HashiCorp for USD 6.4 billion

Cloud-native Tech

Apr 24, 2024

This week:

M&A

N-able acquires Adlumin for USD 266 million to strengthen cybersecurity offerings

Next-gen Cybersecurity

Today

M&A

Bitsight acquires Cybersixgill for USD 115 million to enhance threat intelligence capabilities

Cyber Insurance

Today

M&A

Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum

Generative AI Infrastructure

Today

M&A

Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum

Data Infrastructure & Analytics

Today

Product updates

Microsoft launches Copilot Actions for workplace automation

Foundation Models

Yesterday

M&A

Almanac acquires Gro Intelligence's IP assets for undisclosed sum

Smart Farming

Yesterday

Partnerships

Aduro Clean Technologies partners with Zeton to build hydrochemolytic pilot plant

Waste Recovery & Management Tech

Yesterday

Funding

Oishii raises USD 16 million in Series B funding from Resilience Reserve

Vertical Farming

Yesterday

Management news

GrowUp Farms appoints Mike Hedges as CEO

Vertical Farming

Yesterday

M&A

Rise Up acquires Yunoo and expands LMS monetization capabilities

EdTech: Corporate Learning

Yesterday

Cloud-native Tech

View industry hub

Apr 24, 2024

IBM gears up to acquire HashiCorp for USD 6.4 billion

M&A

International Business Machines (IBM), a multinational information technology and consulting company, is reportedly nearing a deal to acquire HashiCorp, a leading multi-cloud infrastructure automation software provider, for USD 6.4 billion. IBM intends to bolster its cloud offerings with the acquisition of HashiCorp
HashiCorp is the creator of Terraform, one of the most sought-after infrastructure automation software. It specializes in creating solutions that address real-world IT problems in multi-cloud environments, encompassing infrastructure provisioning, security, networking, and application deployment.
Analyst QuickTake: IBM’s strategy includes strengthening and promoting hybrid cloud solutions and AI adoption and pursuing M&A opportunities to serve clients better. Its series of acquisitions focusing on AI and hybrid and multi-cloud solutions include Manta , Apptio , Databand , and notably RedHat . This move could strengthen IBM's competitive position in the cloud market. HashiCorp is renowned for its tools that automate the provisioning, securing, and running of cloud infrastructure, which would complement and enhance IBM's existing cloud offerings.

Contact us

Gain access to all industry hubs, market maps, research tools, and more

Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.