IBM Completes the Acquisition of HashiCorp: Will it Benefit the Stock?

International Business Machines Corporation (IBM) recently announced that it has completed the acquisition of HashiCorp Inc. (HCP) for an enterprise value of $6.4 billion. This acquisition is expected to strengthen the two companies’ shared mission to help clients innovate faster, enhance security, and fully leverage the potential of the cloud.Based in California, HashiCorp is a software company that enables organizations to efficiently automate multi-cloud and hybrid environments with its Infrastructure Li ...