IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. A spokesperson confirmed to TechCrunch that the U.S. Federal Trade Commission (FTC) had quietly greenlighted the acquisition earlier this week prior to the announcement made by the U.K.’s Competition and Markets Authority (CMA) on Tuesday.…
Category: HashiCorp
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IBM’s $6.4B HashiCorp acquisition cleared by UK
The U.K.’s antitrust authority has given the go-ahead to IBM’s planned multibillion acquisition of infrastructure software company HashiCorp. In a brief case update published today, the Competition and Markets Authority (CMA) said it had “cleared the anticipated acquisition by IBM of HashiCorp,” and it would publish the full rationale for its decision in due course.…
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UK antitrust watchdog launches review of IBM’s HashiCorp takeover
The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to…