There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...

IBM just acquired Confluent for $11 billion. When I was at IBM, I watched enterprises struggle with the same problem over and over again. Their data was always a step behind their decisions. This ...

International Business Machines Corporation (NYSE:IBM) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, Stifel analyst David Grossman raised the firm’s price target on the stock to ...

IBM acquired Confluent for $11B in cash at a 34% premium to dominate real-time data streaming for AI applications. IBM’s AI book of business reached $9.5B in Q3 with infrastructure revenue up 17% year ...

IBM (IBM +0.26%) wants to be an artificial intelligence (AI) powerhouse. The tech giant is scooping up data-streaming dynamo Confluent (CFLT +0.30%) to add to its growing collection of AI-enablers.

IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand ...

IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...

IBM has used acquisitions to expand its artificial intelligence capabilities and offerings. Buying Cognitus will enhance its SAP solutions and its AI offerings for highly regulated industries.

International Business Machines Corp. is buying the data-streaming platform Confluent Inc. for about $9.3 billion, marking one of its largest takeovers yet and a major bet on the kind of enterprise ...

IBM, Cisco, and Nokia deliver key technologies to enable AI, while offering portfolio diversification for investors. IBM has raised dividend payments for 30 straight years, and is poised to propel AI ...

IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as part of efforts to build and deliver a data platform that could enable ...