IBM Is in Advanced Talks to Acquire Software Provider HashiCorp

  • HashiCorp’s market value jumps to $5.8 billion with deal talks
  • Deal for HashiCorp could be reached as soon as Wednesday
Photographer: Rafael Henrique/SOPA Images/LightRocket/Getty Images
Lock
This article is for subscribers only.

International Business Machines Corp. is in advanced talks to acquire software company HashiCorp Inc., according to people with knowledge of the matter.

IBM and HashiCorp could reach an agreement as soon as Wednesday, said the people, who asked not to be identified discussing confidential information.