Hashicorp is known by Terraform, which helps companies to automate and manage cloud infrastructure. Initially, the open source code Terraform became registered in 2023, which made Hashicorp a more attractive object for acquisition.
IBM, which changes the emphasis from traditional systems for cloud computing, sees Terraform as an important addition to the hybrid cloud strategy. Using this acquisition, IBM plans to expand cloud services and support businesses in deploying modern applications.
Source: Ferra
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