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IBM Acquires Hashicorp For .4 Billion To Boost Cloud Presence

GSMA's 2023 Mobile World Congress (MWC) in Barcelona

IBM has announced its plans to purchase HashiCorp in a landmark deal worth $6.4 billion. This acquisition is part of IBM's strategic move to expand its presence in the cloud computing industry.

HashiCorp, a leading provider of cloud infrastructure automation software, has gained significant traction in recent years for its innovative solutions that help organizations manage their cloud environments more efficiently.

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