IBM EPS $1.68 vs. $1.59. Revenue $14.46 billion versus estimated $14.52 billion.

• EPS: $1.68 versus estimate of $1.59
• Revenue: $14.46 billion versus estimated $14.52 billion

IBM has confirmed that it has reached an agreement to acquire HashiCOrp for $35 per share, or $6.4 billion.

IBM shares are trading down $7.10, or -3.86%, as markets react to the acquisition.

This article was written by Greg Michalowski at www.forexlive.com.

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