IBM nears acquisition of HashiCorp
Bron
: artikel overgenomen van techzine.eu
Origineel auteur
: Berry Zwets
Within days, IBM may already be the new owner of HashiCorp. Negotiations are at an advanced stage, with a possible acquisition amount above HashiCorp’s previous market value of $4.9 billion (€4.58 billion).
That market value has already risen sharply to $6.1 billion now that discussions between IBM and HashiCorp have been publicized. The Wall Street Journal and Reuters first reported on the negotiations.
The main asset for IBM would be HashiCorp’s Terraform tool. This solution allows organizations to automate the setup of cloud instances and allocated hardware resources. Other cloud tools from HashiCorp focus on security, networking and development environments. Users can access cloud-based variants of these tools through the HashiCorp Cloud Platform (HCP).