IBM has completed Hashicorp, based in San Francisco for $ 6.4 billion, 10 months after its beginnings. The aim of the companies to focus on the growing complexity faced in the management of multiple and hybrid infrastructure, especially with the increase in controlled A and, which constantly change the workload and require rapid scaling.
From today, Hashicorp automation tools such as Terraform and Vault are available with an IBM hybrid platform, allowing customers to automate infravization and security management across their systems.
IBM said that the provision of Terraform infrastructure will allow a number of products in the hybrid cloud to run smoothly. This includes the Red Hat Ansible Automation Platform platform that automates the configuration and deployment of middleware and IBM software development from Mainframe. Hashicorp Vault, a tool for managing key and encryption key, can also be used across hybrid clouds with an application platform based on the Red Hat OpenShift container.
Hashicorp will act more as an IBM software division rather than Busht to Red Hat, a subsidiary of IBM Open-Source, which it won in 2019 for $ 34 billion.
See: Between the hybrid cloud and the multi -group explained in this technical premium download
“Organizations around the world are trying to deploy modern cloud hybrid applications that require an automated cloud infrastructure on a scale,” said Rob Thomas, Senior Vice President for IBM software and Sales Director.
“With this acquisition, IBM has undertaken to continue investing in and develops Hashicorp’s capabilities and together with leading technology and extensive development community, Global Reach and Resources IBM, our love is to fulfill Hashicorp technology at any date.”
Armon Dadgar, Chief Technology Director and co -founder of Hashicorp, added: “We have built a portfolio of products that will help customers accept the cloud native approach and management of the security cycle, which was inserted by the ships of thousands of organizations.
“I am excited that Hashicorp joined the IBM family, where it is clear to match the vision of allowing hybrid infrastructure for the largest businesses in the world. Together, we can continue to invest in research and development innovation and allow the next generation of applications to be built and modified.
IBM-HASHICORP Agreement faced antimonopoly investigation, court
We will kill, the transaction was approved by the British Office for Competition and Market after finding that it would not be a negative impact competition. This is in line with the new attitude to the innovation attitude of the country hoping to attract large technological investments, emphasized recently by the former Amazon manager as the interim CMA Chaperterson.
According to TechCrunch, the agreement was also quietly approved by the US Federal Commission, after both anti -monopolous investigation delayed the expected date of completion of the end of 2024.
However, these investigations are the only challenges that IBM and Hashicorp have been facing since the announcement of the acquisition. In June, Hashicorp sued the investor and claimed that IBM’s acquisitions did not benefit their boarders over shareholders, because the executives reportedly acquired “golden parachutes” and the ability to earn their illicit shares. However, the suit mysteriously withdrew two days later.
Agreement Completed after the controversial reelimensing Terraform
Hashicorp shares jumped up by 4% after the acquisition and in 2023 they recovered somewhat from a significant decline. They were launched by decision to take part in the Open-Source Apache 2.0 on the license of a more restrictive business source.
Moving stolen parts of the community with an open source code and branched the original Terraform code into an open OpenF source and placed it under the supervision of the Linux foundation.
However, the change of license is likely to help to attract IBM to the agreement, as the added powerful check would allow it to integrate and monetize the technology into its own ecosystem.