According to sources close to the situation, International Business Machines (IBM) is nearing an agreement to acquire HashiCorp, a provider of cloud software. The potential acquisition was first reported by the Wall Street Journal, and HashiCorp’s stock price has surged by 24%, giving it a current market value of $6.1 billion. The deal, if finalized, is expected to close within the next few days. However, it’s important to note that negotiations may still fall apart and result in no transaction.
IBM in Talks to Acquire Cloud Provider HashiCorp
