ClearedTechnology30 December 2024

IBM to acquire HashiCorp

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
IBM
Target
HashiCorp
Deal value
Not disclosed
Announced
30 December 2024
Status
Cleared
Sector
Technology
Country
United States
Consideration
Not stated
What we know

IBM has agreed to acquire HashiCorp in a strategic acquisition within the Technology sector. Both the buyer and the target are based in the United States. The transaction was announced on 30 December 2024. No deal value or specific consideration type was disclosed in the available information. The deal structure involves a direct purchase by the established technology firm rather than a management buyout or merger of equals.

The transaction has received regulatory clearance as indicated by the latest status update. While the completion date remains unreported, the cleared status suggests the deal has passed initial regulatory hurdles. This development marks a significant consolidation in the US technology landscape. The parties are now positioned to proceed with the finalisation of the agreement. The transaction is subject to any remaining closing conditions before final completion.

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Deal timeline

1 update
  1. CMA Phase 1 clearance

    IBM / HashiCorp merger inquiry

    The Competition and Markets Authority (CMA) investigated the anticipated acquisition by IBM of HashiCorp. Statutory timetable Phase 1 Action 3 April 2025 Decision published 25 February 2025 Phase 1 decision announced 30 December 2024 Launch of merger inquiry 30 December 2024 to 16 January 2025 Invitation to comment Phase 1 Clearance decisi

    UK CMA

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Buyer history

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Methodology

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Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.

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