---
title: "IBM Purchases HashiCorp for Multicloud IT Automation"
url: https://daily.dev/posts/ibm-purchases-hashicorp-for-multicloud-it-automation-uzxmismup
source_url: https://thenewstack.io/ibm-purchases-hashicorp-for-multi-cloud-it-automation/
type: article
source: "The New Stack"
published: 2024-04-24T22:28:32.558Z
updated: 2024-05-09T09:23:16.455Z
tags: ["cloud", "ibm", "hashicorp", "hybrid-cloud"]
reading_time: 4
upvotes: 3
comments: 0
language: en
---

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# IBM Purchases HashiCorp for Multicloud IT Automation

**[The New Stack](https://daily.dev/sources/newstack)** · 4 min read · 3 upvotes · 0 comments

## Summary

IBM is acquiring HashiCorp for $6.4 billion to enhance its services around hybrid cloud and AI. HashiCorp's software will be integrated with IBM and Red Hat to provide multi-cloud operations.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenewstack.io/ibm-purchases-hashicorp-for-multi-cloud-it-automation/>

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---

Tags: [#cloud](https://daily.dev/tags/cloud), [#ibm](https://daily.dev/tags/ibm), [#hashicorp](https://daily.dev/tags/hashicorp), [#hybrid-cloud](https://daily.dev/tags/hybrid-cloud)

[View this post on daily.dev](https://daily.dev/posts/ibm-purchases-hashicorp-for-multicloud-it-automation-uzxmismup)