Apr 25, 2024, 2:00 PM
Apr 23, 2024, 6:20 PM
IBM's Hybrid Cloud Strategy Boosted by $6.4B HashiCorp Acquisition
- IBM's stock plunges after narrow Q1 revenue miss, but rebounds with strategic $6.4B acquisition of HashiCorp.
- IBM solidifies its hybrid cloud management approach by acquiring HashiCorp for $6.4 billion.
- The acquisition highlights IBM's commitment to expanding its cloud-based offerings and tapping into the growing demand for AI-powered solutions.
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