IBM has announced it will acquire data infrastructure company Confluent for $11 billion in cash, marking the technology giant's largest acquisition in years as it seeks to capitalize on surging ...
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 ...
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I’m upgrading International Business Machines Corporation to a Buy as I believe the Confluent, Inc. acquisition could accelerate top-line growth via IBM’s distribution and Confluent Cloud synergies. I ...
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...
Dec. 8 (UPI) --IBM announced Monday its buying out Confluent, a steaming platform, in a multi-billion-dollar deal. Confluent stock shares spiked nearly 30% and IBM at about 1$ after it was revealed ...
IBM said Monday it's buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company's artificial intelligence strategy. The two companies said they ...
IBM is close to finalizing a deal to buy Confluent, a company that provides technology for managing real-time data streams used in large artificial intelligence models, reported The Wall Street ...
IBM said Monday it’s buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company’s artificial intelligence strategy. The two companies said they ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI. Source: IBM IBM has AI on its mind with plans to ...
IBM announced its intention to acquire Confluent, Inc., the data streaming pioneer, signing a definitive agreement under which IBM will acquire all the issued and outstanding common shares of ...
It wouldn’t be Christmas without some big spending! IBM’s acquisition of Confluent could address some critical gaps for Big Blue and support customers moving away from batch processing, in search of ...
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