#hashicorp

#hashicorp

IBM acquires HashiCorp for $6.4 billion to strengthen its hybrid cloud strategy, enhancing its infrastructure and DevOps capabilities.

The acquisition follows HashiCorp's controversial license switch, resulting in the creation of OpenTofu, a Terraform fork.

UK's CMA investigates IBM's acquisition of HashiCorp over potential competition issues.

The merger seeks to enhance HashiCorp's capabilities under IBM's software division.

HashiCorp's Terraform updates highlight advancements in cloud provisioning and resource management under IBM's ownership.

HashiCorp addresses high costs and management issues in multi-cloud environments, offering solutions for large companies seeking long-term relationships.

Hashicorp's Stacks feature streamlines Kubernetes and cloud resource management in Terraform through single configuration deployments.

HashiCorp aims to simplify infrastructure management and integration with new solutions like Terraform Stacks.

HashiCorp's product expansion encourages users to transition to paid versions for advanced features, signaling a shift towards managed services for enterprises.