IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
The Star Online - Tech·2024-04-25 08:01
(Reuters) -International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand.
Software has been a bright spot for IBM as its consulting business grapples with more cautious spending by enterprises navigating higher interest rates.
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