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Category: IBM

IBM releases a new mainframe built for the age of AI

IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than…

IBM acquires Hakkoda to continue its AI consultancy investment push

IBM on Monday said it has acquired Hakkoda, a data and AI consultancy based in New York. The acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, and healthcare and life sciences, said Mohamad Ali, SVP and head of IBM’s consulting business,…

IBM closes $6.4B HashiCorp acquisition

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.…

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.…

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…

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