Apr 25, 05:25 PM

IBM Foresees Growth Post HashiCorp Purchase, $6.4B Acquisition Driving Hybrid Cloud and AI Strategy

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IBM reported lower revenues but anticipates significant growth following the acquisition of HashiCorp. The company is focusing on hybrid cloud and AI strategies, with a particular emphasis on distributed computing controller software. IBM spent $6.4B on the HashiCorp acquisition.

#IBM #HashiCorp

Written with ChatGPT (GPT-3).

Sources

The Futurum Group@TheFuturumGroup
2 years ago
.@StevenDickens3 dives into @IBM #Q1 2024 #earnings results: their #hybridcloud and #AI strategy and the #acquisition of @HashiCorp. Check it out 👉 https://t.co/l2UyWt79OX #IBM #cloud #software
Network World@NetworkWorld
2 years ago
IBM drops $6.4B to grab HashiCorp multi-cloud automation technology https://t.co/dguKsTdGTD
The Next Platform@TheNextPlatform
2 years ago
Is IBM trying to corner the market on distributed computing controller software? With its HashiCorp acquisition, it sure looks like it. $IBM $HCP $AVGO https://t.co/VgFNXYR2NB

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