IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares slipped as much as 6% in extended trading on Wednesday after the hardware, software and consulting provider said it would acquire cloud software maker HashiCorp and reported first-quarter revenue that was lower than analysts had predicted.In a statement, IBM announced that it intends to pay $35 per share in cash for HashiCorp in a deal with a $6.4...
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