Published 12 days ago

IBM nearing a buyout deal for cloud software firm HashiCorp, source says

Summary by Channel News Asia

International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter.Hashicorp's stock surged 24 per cent, giving it a market value of $6.1 billion.A deal for HashiCorp could be finalised in the coming days, but it is still possi

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CNBC

HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker

HashiCorp's business is growing considerably faster than that of IBM, which has been confronting a challenging economic environment.

12 days ago·United States

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Channel News Asia

IBM nearing a buyout deal for cloud software firm HashiCorp, source says

12 days ago·Singapore

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WTVB

IBM nearing a buyout deal for HashiCorp, WSJ reports

(Reuters) – International Business Machines is nearing a deal to buy cloud software provider HashiCorp, the Wall Street Journal reported on Tuesday. Shares of HashiCorp rose more than 7% following the news, while Big Blue’s shares were marginally lower. A deal for HashiCorp could be finalised in the coming days but it is still possible that the talks may not result in a transaction, the report said, citing people familiar with the matter. A …

12 days ago

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Techmeme

Sources: IBM is nearing an acquisition of HashiCorp, which helps companies manage cloud infrastructure, in the coming days; HashiCorp's stock jumps 22%+

Wall Street Journal: Sources: IBM is nearing an acquisition of HashiCorp, which helps companies manage cloud infrastructure, in the coming days; HashiCorp's stock jumps 22%+ — . — The details — A deal for HashiCorp could come together in the coming days, according to people familiar with the matter.

12 days ago

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CTN News l Chiang Rai Times

HashiCorp Shares Spike After IBM Expresses Interest In Buying The Cloud Maker

(CTN News) – In a media report that claimed IBM was in talks to acquire HashiCorp, shares of HashiCorp soared by as much as 26% on Tuesday as a result of the report. Developers use HashiCorp’s software to set up and manage infrastructure in cloud services provided by companies such as Amazon, Microsoft, and Google […] The post HashiCorp Shares Spike After IBM Expresses Interest In Buying The Cloud Maker appeared first on CTN News - Chiang Rai Ti…

12 days ago

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