Learn English: IBM Buys Cloud Software Provider HashiCorp (hard)
3 weeks, 2 days ago
IBM is a technology company that recently bought a smaller company called HashiCorp for $6.4 billion.
HashiCorp makes software tools that help companies manage their cloud computing systems.
IBM plans to use HashiCorp's tools to improve its own hybrid cloud platform, which lets companies run applications in both private and public clouds.
The acquisition is expected to close later this year.
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