IBM Acquires HashiCorp From Mitchell Hashimoto And Armon Dadgar

IBM has completed its $6.4 billion acquisition of HashiCorp, following regulatory approval from the U.K.'s Competition and Markets Authority and the U.S. Federal Trade Commission. The deal, first announced 10 months ago, strengthens IBM’s hybrid cloud strategy by integrating HashiCorp’s infrastructure automation tools, including Terraform. HashiCorp, founded by Mitchell Hashimoto and Armon Dadgar, had shifted Terraform to a proprietary license in 2023, making it a more attractive acquisition target. This move aligns with IBM’s broader cloud and AI ambitions, following major acquisitions like Red Hat ($34B) and Apptio ($4.6B). BUYER: IBM SELLER: HashiCorp SALE PRICE: $6,400,000,000 IBM HQ: #NewYork #NY #NewYorkCity #NYC HashiCorp HQ: #SanFrancisco #California #VentureCapital #IBM #HashiCorp #MitchellHashimoto #ArmonDadgar #TradedVC