IBM, a supplier of AI and hybrid cloud services and consultancy, has completed its acquisition of HashiCorp for $6.4 billion, strengthening its hybrid cloud and automation capabilities. HashiCorp’s products, including Terraform and Vault, provide automation and security solutions for hybrid and multi-cloud environments. With enterprises increasingly relying on cloud infrastructure, IBM aims to integrate HashiCorp’s
Rob Thomas, IBM’s Senior Vice President, stated that the company will continue investing in HashiCorp’s capabilities to support enterprises in deploying scalable cloud applications. HashiCorp’s CEO, Dave McJannet, emphasized that the partnership with IBM will expand its reach and enhance its ability to help organizations automate and secure their cloud environments. With this acquisition, IBM aims to provide a more integrated and efficient approach to cloud infrastructure, supporting businesses in adapting to the growing demands of hybrid cloud and AI-driven applications.























