IBM announced July 9 that it closed its $34 billion acquisition of Red Hat, an open-source cloud software vendor. 1. Through the acquisition, IBM and Red Hat will offer a hybrid, open-source platform ...
IBM Corp.’s acquisition of HashiCorp Inc. presents a pivotal moment for multicloud and hybrid cloud deployments. With a focus on aligning missions and accelerating growth, IBM intends to operate ...
Frequent IBM Cloud outages reveal systemic weaknesses in its control pane, putting its hybrid cloud strategy and customer trust at risk. On August 12, 2025, IBM Cloud experienced its fourth major ...
Ahead of its earnings release, IBM IBM announced its intention to acquire HashiCorp, a multi-cloud infrastructure automation company, for $35 per share in cash, with an enterprise value of $6.4 ...
IBM Corp. has quietly retired its Cloud for Education offering, a service that was launched just a couple of years ago. The service was intended to provide compute infrastructure and services for ...
IBM is now back on a growth path as the company has shifted from distributing its free cash flow to shareholders to making acquisitions and growing profits. Hybrid Cloud and AI will be IBM's big ...