IBM has finalized its $6.4 billion HashiCorp acquisition, two days after the U.K.'s antitrust regulator gave the deal its blessing.

IBM Corp. today closed its acquisition of infrastructure automation provider HashiCorp Inc. for $6.4 billion.

With the deal, which was 10 months in the making, IBM plans to further integrate HashiCorp’s automation technology into its Red Hat, watsonx, data security, IT automation and consulting businesses. IBM uses Hashicorp technology in its cloud offerings already.

IBM closes $6.4B deal for HashiCorp after announcing DataStax deal, plans to boost cloud, security, AI capabilities.

The U.K.'s antitrust authority, the CMA, has greenlighted IBM's planned multibillion acquisition of HashiCorp.

IBM (NYSE: IBM) today announced it has completed its acquisition of HashiCorp, whose products automate and secure the infrastructure that underpins hybrid cloud applications and generative AI. Together the companies' capabilities will help clients accelerate innovation,

HashiCorp (NASDAQ:HCP) edged higher by 1.1% in premarket trading after the UK's antitrust regulator approved its planned $6.4 billion sale to IBM (IBM). The UK's Competition and Markets Authority approved the deal on Tuesday,

The U.K.’s antitrust regulator has approved IBM Corp.’s proposed acquisition of HashiCorp Inc. for $6.4 billion.

The CMA's decision, which was released today, confirms that the merger notice provided by IBM and HashiCorp satisfies the requirements of the Enterprise Act 2002. This clearance is a critical regulatory hurdle for the deal, wherein IBM has agreed to acquire HashiCorp for $35 per share in cash.