In related news

  • IBM nears acquisition of cloud provider HashiCorp: WSJ

    According to the Wall Street Journal, IBM (IBM) is reportedly in advanced stages of negotiations to acquire HashiCorp (HCP), a prominent cloud software provider. HashiCorp specializes in offering solutions that help companies manage their cloud infrastructure. Market Domination Co-Hosts Jared Blikre and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

  • IBM earnings top estimates, acquiring HashiCorp for $6.4B

    IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was about in line with expectations of $14.25 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings.  Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market...

  • IBM to Acquire HashiCorp, Inc. Creating a Comprehensive End-to-End Hybrid Cloud Platform

    IBM and HashiCorp Inc., a leading multi-cloud infrastructure automation company, announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion.