IBM Acquired HashiCorp for $6.4 Billion

IBM continues to focus on infrastructures as a company culture and stay away from intense competitive environments. The company, which achieved success years ago by leaving the computer market and focusing on infrastructure, is not only in cloud computing. Amazon, Google and Microsoft Instead of competing with the company, it preferred to provide complex hybrid environments for institutions. The company, which has been one of the most important actors in the market for many years, added HashiCorp to the companies it acquired.

HashiCorp last year only $155 million Even though it was profitable, it was growing faster than any brand owned by IBM. Additionally, with this acquisition, the company also acquired cloud product lifecycle management and security tools. IBM company $6.4 billion While purchasing in return, CEO Arvind Krishna stated that a hybrid cloud platform designed for the artificial intelligence era will be created with IBM’s portfolio and HashiCorp’s expertise.

A new era in HashiCorp discussions

HashiCorp had previously made the Terraform platform, which it had made available as open source, more company-oriented. Reacting to this situation, open source code developers created an alternative called OpenTofu. HashiCorp He also accused OpenTofu of using Terraform codes. It is also wondered what dimension the discussions will take with IBM’s involvement.

IBM had previously purchased Red Hat, one of the companies operating in this field. to 34 billion dollarsAppito to $4.6 billion had bought it.