IBM to buy HashiCorp in $6.4B deal

The linked article is about IBM's acquisition of HashiCorp, a leading cloud software company, for $4.6 billion. This deal is aimed at expanding IBM's hybrid cloud and AI capabilities, as the company seeks to strengthen its position in the rapidly growing cloud computing market. HashiCorp's open-source tools and platforms, which help organizations manage cloud infrastructure, are expected to complement IBM's existing offerings and drive further growth in the company's cloud business.