Skip to Content
MarketWatch

IBM nears acquisition of HashiCorp: report

IBM Corp. (IBM) is closing in on acquiring cloud-software provider HashiCorp Inc. (HCP), according to a report Tuesday in the Wall Street Journal. The deal, which could be reached in days, sent shares of HashiCorp soaring 22%. IBM's stock is up 0.8%.

-Jon Swartz

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

04-23-24 1631ET

Copyright (c) 2024 Dow Jones & Company, Inc.

Market Updates

Sponsor Center