HashiCorp HCP

TechnologyMarket cap $6B1 connection

HashiCorp makes Terraform - the dominant infrastructure-as-code tool used by 70%+ of Fortune 500 companies to provision cloud resources on AWS, Azure, and GCP. IBM acquired it for $6.4B to anchor its hybrid cloud automation portfolio. Its Vault product secures secrets and credentials for millions of developers. Terraform's community of 4M+ users represents a powerful competitive moat.

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Companies with a stake in HashiCorp

IBMTechnology · $175BIBM acquired HashiCorp for $6.4B - cloud-native infrastructure toolssince 2025

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Apple Microsoft Alphabet Meta Oracle Tencent Salesforce SAP Adobe Accenture

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