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Chronicles

The story behind the story

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IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

IBM will pay $35 a share for the cloud-software company in cash, giving it access to HashiCorp's roster of some 4,400 clients

Wall Street Journal Ben Glickman

Discussion

  • @permadeath.com @permadeath.com on bluesky
    fate worse than death [embedded post]
  • @geerlingguy Jeff Geerling on x
    IBM to buy HashiCorp for 6.4b — should I post a hot take on the state of corporate #opensource tomorrow?
  • @hashicorp @hashicorp on x
    HashiCorp is excited to join @IBM to continue building the platform of choice for multi-cloud automation. @armon shares his thoughts on how this serves our community, customers, partners, and product innovation: https://www.hashicorp.com/... (link contains important information) …
  • @a2d2 @a2d2 on x
    Excited to see HashiCorp (especially HCP/ Infra Cloud) armed with the resources of a juggernaut and wielded by the greatest enterprise sales org in history. I also hope IBM does preserves and nurtures what has always mattered most at HashiCorp: the team and culture.
  • @melvinmonetary Mel on x
    IBM is buying up EVERYTHING devops related
  • @devnetdan Danny Wade on x
    Very interested to see how Terraform and Ansible being under the same company plays out.
  • @armon Armon Dadgar on x
    Excited to announce @HashiCorp is being acquired by @IBM! This will accelerate our mission of enabling multi-cloud automation, bring our products to a much broader audience. Thank you to our users, customers, partners, and employees! https://www.hashicorp.com/... (see important i…
  • @rakyll Jaana Dogan on x
    Now IBM, revert the HashiCorp license changes, and you will be the real winners of cloud tooling.
  • @semil @semil on x
    Surreal moment as an early-stage VC - one super early investment (Hashicorp) finally ends its run scooped up by IBM; and tonight Rubrik prices shares, which we were lucky to get via an early acquisition. Part luck, part poker! [image]
  • @kelseyhightower Kelsey Hightower on x
    It's official. HashiCorp joins IBM. [image]
  • r/Terraform r on reddit
    HashiCorp joins IBM to accelerate multi-cloud automation
  • r/technology r on reddit
    IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss