Transaction Highlights

Client: IBM

Type: M&A

Value: US $6.4 billion

RBC's role: Financial Advisor

IBM and HashiCorp Inc., a leading multi-cloud infrastructure automation company, announced IBM will acquire HashiCorp representing an enterprise value of $6.4 billion.This move continues IBM's deep focus and investment in hybrid cloud and AI, the two most transformational technologies for clients today, according to the company.

RBC served as Financial Advisor to IBM through the acquisition.

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