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IBM’s $6.4B HashiCorp acquisition cleared by UK
The U.K.'s antitrust authority, the CMA, has greenlighted IBM's planned multibillion acquisition of HashiCorp.
IBM had indicated that it expected to close the HashiCorp deal by the end of 2024, but as is the case with such sizeable transactions — particularly those involving two publicly-traded companies — it was always likely to attract regulatory scrutiny. The transaction isn’t over the line yet though: the Federal Trade Commission (FTC) in the U.S. is also looking at the deal, though it has yet to make a formal announcement at the time of writing. Prior to joining TechCrunch in June 2022, Paul had gained more than a decade’s experience covering consumer and enterprise technologies for The Next Web (now owned by the Financial Times) and VentureBeat.
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