Did IBM make a $6.4B blunder by buying HashiCorp?

In some ways, IBM paying a cool $6.4 billion for HashiCorp makes perfect sense. HashiCorp's infrastructure-as-code tool Terraform is very popular and would work well with Red Hat Ansible. And, yes, I've heard the joke about how if you put them together, you'd get"Terrible.

So, tell me again, exactly what IBM is getting for its billions? The technology's open. Why pay for it when it's only a free download away? Still, HashiCorp really wanted to get bought, and from that viewpoint, its recent business moves have been a success. Its executives and stockholders must be laughing all the way to the bank. For IBM? Well, that's another story.over 8 percent in extended trading. As I write this, IBM's stock has continued to hover at about that same price.So, what happens next? Good question.

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