HashiCorp's capabilities drive significant
synergies across multiple strategic growth areas for IBM, including
Red Hat, watsonx, data security, IT automation and
Consulting
ARMONK,
N.Y., Feb. 27, 2025 /CNW/ -- IBM (NYSE:
IBM) today announced it has completed its acquisition of
HashiCorp, whose products automate and secure the infrastructure
that underpins hybrid cloud applications and generative AI.
Together the companies' capabilities will help clients accelerate
innovation, strengthen security, and get more value from the
cloud.
Today nearly 75% of enterprises are using hybrid
cloud1, including public clouds from hyperscalers and
on-prem data centers, which can enable true innovation with a
consistent approach to delivering and managing that infrastructure
at scale. Enterprises are looking for ways to more efficiently
manage and modernize cloud infrastructure and security tasks from
initial planning and design, to ongoing maintenance. By 2028, it is
projected that generative AI will lead to the creation of 1 billion
new cloud-native applications.2 Supporting this scale
requires infrastructure automation far beyond the capacity of the
workforce alone.
"Organizations globally are looking to deploy modern, hybrid
cloud-ready apps, which require automated cloud infrastructure at
significant scale," said Rob
Thomas, Senior Vice President, IBM Software and Chief
Commercial Officer. "With this acquisition, IBM is committed to
continuing to invest in and grow the HashiCorp
capabilities, and together, with HashiCorp's leading
technology and extensive developer community, IBM's global reach
and R&D resources, our aim is to infuse HashiCorp technology in
every data center."
"HashiCorp has been helping the world's largest enterprises
succeed in hybrid and multi-cloud environments for over a decade.
We've seen the cloud grow from its origins, and have participated
first-hand in the change it has brought to the industry," said
Dave McJannet, CEO, HashiCorp.
"With IBM's history, global scale, and customer
relationships, HashiCorp can now expand our reach to help our
community of customers, practitioners, and partners automate,
secure, and optimize their cloud infrastructure, providing an
end-to-end platform for hybrid environments."
"HashiCorp has been a pioneer in cloud infrastructure since
the earliest days of public cloud. We've built a portfolio of
products to help customers embrace a cloud native approach to
Infrastructure and Security Lifecycle Management that has been
embraced by hundreds of thousands of organizations around the
world," said Armon Dadgar, CTO
and Co-founder of HashiCorp. "I'm excited for HashiCorp to join
the IBM family, where there is clear alignment on the vision of
enabling hybrid infrastructure for the world's biggest enterprises.
Together, we can continue to invest deeply in R&D innovation
and enable the next generation of applications to be built and
scaled."
Product detail and availability
- HashiCorp's capabilities enable enterprises to use automation
to deliver lifecycle management for infrastructure and security,
providing a system of record for the critical workflows needed for
hybrid and multi-cloud environments. HashiCorp Terraform is a
leader for infrastructure provisioning in these environments.
HashiCorp's offerings help clients take a highly interoperable
approach to multi-cloud management, and complement IBM's commitment
to industry collaboration (including deep and expanding
partnerships with hyperscale cloud service providers), developer
and open source communities for hybrid cloud and AI
innovation.
- Its Terraform and Vault offerings, along with the broader
HashiCorp product portfolio, are available now from IBM's
automation software portfolio.
- HashiCorp will drive significant synergies for IBM, including
across multiple strategic growth areas like Red Hat, watsonx, data
security, IT automation and Consulting. For example, Terraform and
the Red Hat Ansible Automation Platform provide a powerful
combination, with Terraform automating the foundational
infrastructure creation across multiple cloud providers, and
Ansible automating application configurations and middleware
deployments on top of that infrastructure.
- In addition, HashiCorp Vault combined with Red Hat OpenShift
provide robust secrets management and security capabilities across
hybrid cloud environments, and Terraform can enable the building
and deployment of IBM Z applications in hybrid cloud
environments.
Builds on IBM's Portfolio of AI-driven IT Automation
Capabilities
The HashiCorp acquisition continues IBM's broad investments in
automation software to help organizations optimize their IT
spending and lower costs. This includes AI-powered software
for application management insights across clients'
portfolios to identify, predict, and suggest fixes for problems;
software for full IT stack observability and to optimize
application performance at the lowest cost; application resource
management tools that efficiently scale operations and reduce cloud
expense; financial management solutions that drive real-time
insight into IT spending decisions across the enterprise; and
software to integrate thousands of applications and data across
hybrid cloud environments.
The closing of IBM's acquisition of HashiCorp includes
all of the issued and outstanding common shares of HashiCorp for
$35 per share in cash, representing
an enterprise value of $6.4
billion.
For more information about today's news, please visit
https://www.ibm.com/products/hashicorp and
visit https://www.hashicorp.com/en/blog/hashicorp-officially-joins-the-ibm-family
to read more from HashiCorp co-founder and CTO Armon Dadgar.
Sources:
- 1 Flexera: "2024 State of Cloud Report."
- 2 IDC: Gary Chen,
Jim Mercer. "1 Billion New Logical
Applications: More Background."
About IBM:
IBM is a leading provider of global hybrid
cloud and AI, and consulting expertise. We help clients in more
than 175 countries capitalize on insights from their data,
streamline business processes, reduce costs and gain the
competitive edge in their industries. Thousands of government and
corporate entities in critical infrastructure areas such as
financial services, telecommunications and healthcare rely on IBM's
hybrid cloud platform and Red Hat OpenShift to affect their digital
transformations quickly, efficiently and securely. IBM's
breakthrough innovations in AI, quantum computing,
industry-specific cloud solutions and consulting deliver open and
flexible options to our clients. All of this is backed by IBM's
legendary commitment to trust, transparency, responsibility,
inclusivity and service. Visit www.ibm.com for more
information.
CONTACT:
IBM
Hanna Scalzo
smigala@us.ibm.com
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SOURCE IBM
