M&A Deal Summary

HashiCorp Acquires BluBracket

On June 27, 2023, HashiCorp acquired information technology company BluBracket

Acquisition Highlights
  • This is HashiCorp’s 1st transaction in the Information Technology sector.
  • This is HashiCorp’s 1st transaction in the United States.
  • This is HashiCorp’s 1st transaction in California.

M&A Deal Summary

Date 2023-06-27
Target BluBracket
Sector Information Technology
Buyer(s) HashiCorp
Deal Type Add-on Acquisition

Target

BluBracket

Palo Alto, California, United States
BluBracket is a provider of code security for developers and security engineers that lets organizations prevent, find, and fix risks across multiple threat vectors including source code, development environments, and code pipelines. The company helps clients in shipping secure code without compromising speed or changing developer workflows, so their teams can securely build and deliver new applications. BluBracket is based in Palo Alto, California.

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Buyer(S) 1

Buyer

HashiCorp

San Francisco, California, United States

Category Company
Founded 2012
Sector Information Technology
Revenue 583M USD (2024)
DESCRIPTION

HashiCorp provides multi-cloud infrastructure automation solutions worldwide. The company offers Terraform, an infrastructure provisioning product that applies an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; and Vault, a secrets management and data protection product, which enables security teams to apply policies based on application and user identity to govern access to credentials and secure sensitive data. HashiCorp was founded in 2012 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1