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IBM nearing deal for cloud software provider HashiCorp, source says

(Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions to build out its cloud offerings. ....

Arvind Krishna , Arsheeya Bajwa , Sriraj Kalluvila , Shailesh Kuber , Red Hat , International Business Machines , Wall Street Journal , Vista Equity Partners , Cloud Software , Software Company , Wall Street Journal , Arvind Krishna , Cloud Offerings , Vista Equity Partners , International Business Machines ,

IBM nearing a buyout deal for cloud software firm HashiCorp, source says

(Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions to build out its cloud offerings. ....

Shailesh Kuber , Devika Syamnath , Arsheeya Bajwa , International Business Machines , Business Machines , Wall Street Journal , Cloud Software , Software Company , Wall Street Journal , Arvind Krishna , Cloud Offerings , Vista Equity Partners , International Business Machines ,

Snowflake sees product revenue above estimates on AI-driven demand

Spending on cloud-related software has been on the rise as more companies seek to benefit from an AI-linked rally in the technology sector over the past year. Snowflake expects product revenue for the fourth quarter to be in the range of $716 million to $721 million, which is above analysts' average estimate of $700.3 million, according to data from LSEG. ....

United States , Maju Samuel , Arsheeya Bajwa , Frank Slootman , Snowflake Cortex , Product Revenue , Artificial Intelligence , Cloud Offerings ,

How Microsoft changed under Satya Nadella

Approaching a decade as Microsoft CEO, Satya Nadella has aggressively diversified the tech giant’s revenues. He’s now taking that intent to artificial intelligence ....

Steve Ballmer , Kevin Scott , Office For Apple , Open Source Contributor , Satya Nadella , Activision Blizzard , Microsoft Acquisitions , Public Cloud Infrastructure , Cloud Offerings , Artificial Intelligence ,