HashiCorp Reportedly Being Acquired By IBM [UPDATE]

According to the Wall Street Journal, a deal for IBM to acquire HashiCorp could materialize in the next few days. Shares of HashiCorp jumped almost 20% on the news.UPDATE 4/24/24: IBM has confirmed the deal valued at $6.4 billion. "IBM will pay $35 per share for HashiCorp, a 42.6% premium to Monday's closing price," reports Reuters. "The acquisition will be funded by cash on hand and will add to adjusted core profit within the first full year of closing, expected by the end of 2024." HashiCorp's