[ TRANSACTION RECORD ]

IBM Investment in HashiCorp — 2024

VERIFIED VECTOR ID: 001815 · tx-101
M SOURCE NODE — FUNDER
IBM
Technology United States
$6,400,000,000
EQUITY
24/04/2024
Q DESTINATION NODE — RECIPIENT
HashiCorp
Company United States
Amount (USD)
$6.4B
Flow Type
EQUITY
Transaction Date
24/04/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity IBM
AUM 155000
HQ Location United States
Sector Technology
Recipient Profile [ Q ]
Entity HashiCorp
Entity Type Company
Jurisdiction United States
Intelligence Note

IBM entered into a definitive agreement to acquire HashiCorp for 6.4 billion dollars to create a comprehensive end-to-end hybrid cloud platform. The transaction integrates HashiCorp’s infrastructure automation tools into IBM’s software portfolio. This deal highlights the high institutional demand for technologies that simplify complex multi-cloud enterprise environments.

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Primary Forensic Source https://newsroom.ibm.com/2024-04-24-IBM-to-Acquire-HashiCorp-Inc-to-Create-a-Comprehensive-End-to-End-Hybrid-Cloud-Platform/
✓ SOURCE LINKED