IBM Acquires HashiCorp for $6.4 Billion to Build End-to-End Hybrid Cloud Platform

IBM Acquires Taos to Boost Hybrid Cloud Consulting Capability

January 14, 2021

IT Services

IBM agreed to acquire Taos, a multi-cloud consulting and managed services provider headquartered in San Jose, California, to strengthen IBM's hybrid cloud consulting, migration and managed services capabilities. Financial terms were not disclosed; the deal was announced in January 2021 (expected to close Q1 2021). Taos brings deep public-cloud partnerships (AWS, Google Cloud, Microsoft Azure) and experience across technology, financial services, healthcare, retail, transportation and education.

IBM to Acquire Nordcloud

December 22, 2020

Cloud & SaaS

IBM announced an agreement to acquire Nordcloud, a European provider of cloud implementation, application transformation, and managed services. The deal is expected to close in the first quarter of 2021, subject to customary closing conditions, and Nordcloud will become an IBM company.

IBM Acquires Apptio for $4.6 Billion

June 26, 2023

Cloud & SaaS

IBM entered into a definitive agreement to acquire Apptio, a FinOps and financial/operational IT management software provider, for $4.6 billion. The deal combines Apptio’s cloud spend management SaaS offerings with IBM’s automation and observability portfolio and augments IBM’s watsonx AI and data platform with Apptio’s anonymized IT spend data.

IBM Acquires Confluent in an Approximately $11 Billion Deal

December 8, 2025

Data & Analytics

IBM has agreed to acquire Confluent in a transaction valued at approximately $11 billion, purchasing all issued and outstanding shares for $31 per share in cash. The deal is designed to strengthen IBM’s enterprise AI and real-time data infrastructure by integrating Confluent’s Kafka-based streaming and governance capabilities across IBM’s platform and software portfolio.

IBM to Acquire Turbonomic

April 29, 2021

Software

IBM announced a definitive agreement to acquire Turbonomic, a Boston-based Application Resource Management (ARM) and Network Performance Management (NPM) software provider. The acquisition expands IBM’s hybrid cloud and AI capabilities by adding Turbonomic’s AIOps-driven optimization and observability technology to IBM’s Cloud Pak for Watson AIOps and Instana offerings.

HashiCorp Acquires BluBracket

June 27, 2023

Cybersecurity

HashiCorp has acquired BluBracket, a Palo Alto-based startup that provides secret-scanning for source code and developer environments. BluBracket's detection and remediation capabilities will be integrated into HashiCorp Vault to expand Vault's secrets management and improve full secret-lifecycle management.