IBM EPS $1.68 vs $1.59. Revenues $14.46 billion vs $14.52B est.

• EPS: $1.68 vs $1.59 estimate
• Revenues: $14.46 billion vs $14.52 billion estimate

IBM confirmed that they entered an agreement to acquire HashiCOrp for $35 per share or $6.4 billion

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