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Search resuls for: "Mitchell Hashimoto"


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HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to acquire the cloud software maker. Citing unnamed sources, The Wall Street Journal said a deal could materialize in the next few days. Cisco held early acquisition talks with HashiCorp, according to a 2019 report. IBM shares slipped after publication of the Wall Street Journal article but quickly recovered. Read the full Wall Street Journal report here.
Persons: HashiCorp, Mitchell Hashimoto Organizations: IBM, Microsoft, Street, CNBC, Nasdaq, Revenue, Cisco, HashiCorp, Wall
HashiCorp shares jumped 12% in extended trading on Friday after Bloomberg reported the software developer was considering a sale. The company has engaged an outside firm to explore interest from potential buyers, Bloomberg said, citing unnamed sources. As of Friday's close, HashiCorp was trading at $26.50, or 67% below its initial public offering price. Mitchell Hashimoto, a co-founder and former technology chief of HashiCorp, said in December that he was leaving the company. WATCH: HashiCorp CEO McJannet talks enterprise software
Persons: didn't, HashiCorp, David McJannet, Mitchell Hashimoto, Read, McJannet Organizations: Bloomberg, Nasdaq
Total: 2