IBM TO BUY HASHICORP IN $6.4 BILLION DEAL TO EXPAND IN CLOUD

Summary from the TLDR InfoSec newsletter

IBM announced it will acquire HashiCorp in a $6.4 billion deal to expand its cloud software offerings and tap into surging AI-driven demand. IBM will pay $35 per share, a 42.6% premium, for HashiCorp. HashiCorp is well known for Terraform, as well as Vault, Boundary, and Consul for security.