IBM nears deal for HashiCorp at about US$35 a share
International Business Machines Corp. said it has agreed to buy HashiCorp Inc. in a transaction valuing the software company at $6.4 billion on an enterprise basis.
International Business Machines Corp. said it has agreed to buy HashiCorp Inc. in a transaction valuing the software company at $6.4 billion on an enterprise basis.
ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ expectations, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.
The Federal Deposit Insurance Corp. is in talks with potential acquirers for Republic First Bancorp Inc., according to people with knowledge of the matter.
A rash of failures of A-rated insurers points to a hidden weakness in the market, researchers say.
One the largest shareholders in Canadian fund manager Fiera Capital Corp. wants out, raising questions about whether Chairman and Chief Executive Officer Jean-Guy Desjardins will be able to keep control of the firm.
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