IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss


by CNBC

CNBC— IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.

Seeking Alpha—IBM stumbles as Q1 results miss expectations; confirms HashiCorp deal (IBM). IBM (IBM) shares fell in extended-hours trading after the tech giant reported first-quarter revenue that missed expectations. Read for more.

CRN Magazine—IBM, HashiCorp Near Acquisition Deal: Reports. A report on the Terraform creator and cloud infrastructure tools vendor exploring a sale first emerged in March. IBM is close to a deal to...

Bloomberg.com—IBM Reports Consulting Slump, Overshadowing HashiCorp Deal. International Business Machines Corp. posted earnings that disappointed investors as the company's consulting unit continues to see weak...