TechCrunch
When IBM announced its intention to acquire HashiCorp for $6.4 billion on Wednesday at market close, it was easy to conclude that the two companies should fit well together, but a deal comes down to more than strategy. In his meeting with analysts after Wednesday's announcement, IBM CEO Arvind Krishna said he sees HashiCorp as a critical piece of IBM's hybrid cloud management strategy, especially as it relates to generative AI. “As generative AI deployment accelerates alongside traditional workloads, developers are working with increasingly heterogeneous, dynamic and complex infrastructure strategies," Krishna told analysts.