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The declining share price and profits is exactly what made it possible for IBM to buy Hashicorp. The license change didn't juice things -- it watered down the p
by amouat 2y ago
The declining share price and profits is exactly what made it possible for IBM to buy Hashicorp. The license change didn't juice things -- it watered down the price. $6 billion is a snip compared to the $14 billion IPO valuation.
Fintan Ryan has a nice write-up here: https://medium.com/@fintanr/on-ibm-acquiring-hashicorp-c9c73a40d20c https://medium.com/@fintanr/on-ibm-acquiring-hashicorp-c9c73...