The IBM-HashiCorp coupling could be more complicated than it seems [TechCrunch]
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Source: TechCrunch
It may not be the slam dunk it appears at first glance When IBM announced its intention to acquire HashiCorp for $6.4 billion on Wednesday at market close, it was easy to conclude that the two companies should fit well together, but a deal comes down to more than strategy. It also comes down to the financials. The question is whether this acquisition holds up to scrutiny along both of these dimensions. In his meeting with analysts after Wednesday's announcement, IBM CEO Arvind Kirshna saw HashiCorp as a critical piece of IBM's hybrid cloud management strategy, especially as it relates to generative AI. “As generative AI deployment accelerates alongside traditional workloads, developers are working with increasingly heterogeneous, dynamic and complex infrastructure strategies. HashiCorp has a proven track record of helping clients manage the complexity of today's infrastructure by automating, orchestrating and securing hybrid and multi-cloud environments,” Krishna told analysts.
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