IBM Acquires HashiCorp for $6.4 Billion to Build End-to-End Hybrid Cloud Platform
April 24, 2024
IBM agreed to acquire HashiCorp for $35 per share in cash, valuing the deal at $6.4 billion, to expand IBM’s hybrid and multi-cloud infrastructure lifecycle management and security capabilities. The transaction closed in February 2025, and HashiCorp became an IBM company to help clients automate and secure hybrid cloud and AI infrastructure.
- Buyers
- IBM
- Targets
- HashiCorp Inc.
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.