https://techcrunch.com/2024/04/26/the-ibm-hashicorp-coupling-could-be-more-complicated-than-it-seems/

When IBM announced its intention to acquire HashiCorp for $6.4 billion on Wednesday at market close, it was easy to conclude that the two companies should fit well together, but a deal comes down to more than strategy. It also comes down to the financials. The question is whether this acquisition holds up to scrutiny along both of these dimensions.

In his meeting with analysts after Wednesday’s announcement, IBM CEO Arvind Kirshna saw HashiCorp as a critical piece of IBM’s hybrid cloud management strategy, especially as it relates to generative AI.