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HashiCorp ( (HCP) ) has provided an update.
On February 27, 2025, IBM completed its acquisition of HashiCorp, enhancing its hybrid cloud platform with HashiCorp’s automation and security capabilities. This acquisition is expected to drive synergies across IBM’s strategic growth areas, including Red Hat and IT automation, and will enable IBM to offer a comprehensive end-to-end hybrid cloud platform, benefiting clients by accelerating innovation and strengthening security.
More about HashiCorp
HashiCorp operates in the cloud infrastructure industry, providing products that automate and secure infrastructure for hybrid cloud applications and generative AI. The company focuses on helping enterprises manage and modernize cloud infrastructure and security tasks.
YTD Price Performance: 1.79%
Average Trading Volume: 3,125,960
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.11B
See more insights into HCP stock on TipRanks’ Stock Analysis page.