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Stock impact report

IBM to Acquire HashiCorp, Inc. Creating a Comprehensive End-to-End Hybrid Cloud Platform [Yahoo! Finance]

HashiCorp, Inc. (HCP) 
Last hashicorp, inc. earnings: 10/30 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.hcpi.com
Company Research Source: Yahoo! Finance
HashiCorp's capabilities to drive significant synergies across multiple strategic growth areas for IBM, including Red Hat, watsonx, data security, IT automation and Consulting As a part of IBM, HashiCorp is expected to accelerate innovation and enhance its go-to-market, growth and monetization initiatives Transaction expected to be accretive to Adjusted EBITDA within the first full year, post close, and free cash flow in year two ARMONK, N.Y. and SAN FRANCISCO April 24, 2024 /CNW/ -- IBM (NYSE: IBM ) and HashiCorp Inc. (NASDAQ: HCP), a leading multi-cloud infrastructure automation company, today announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for per share in cash, representing an enterprise value of $6.4 billion . HashiCorp's suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate their hybrid and multi-cloud enviro Show less Read more
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