Research Note: IBM Acquires HashiCorp

IBM announced its intention to acquire HashiCorp, a multi-cloud infrastructure automation company, for $35 per share in cash, totaling an enterprise value of $6.4 billion.

HashiCorp specializes in Infrastructure Lifecycle Management and Security Lifecycle Management, crucial for hybrid and multi-cloud environments. This move aligns with IBM’s focus on hybrid cloud and AI, which are vital for today’s businesses.

This Research Note takes a deeper look at the acquisition.

2024-04-25-RN-IBM-HashiCorp Download

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Steve McDowell

Steve McDowell is Principal Analyst and founder of NAND Research. Steve covers all things enterprise infrastructure, with a particular emphasis on data and storage .

Disclosure: The author is an industry analyst, and NAND Research an industry analyst firm, that engages in, or has engaged in, research, analysis, and advisory services with many technology companies, which may include those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.