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 ...
IBM has hurled $11 billion at Confluent in a deal meant to drag the ageing giant deeper into the artificial intelligence stampede. The company said that it would buy the California data streaming ...
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 will pay $11 billion in cash to acquire Confluent. Confluent is a much smaller tech stock, and growing much faster than IBM. In a press release this morning, IBM announced the deal as a signed, ...
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 ...
International Business Machines is turning to a big-money acquisition as it looks to maintain an artificial-intelligence advantage. The technology giant announced on Monday that it planned to purchase ...
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 ...
Shares of Confluent rose after International Business Machines agreed to acquire the data-infrastructure company for about $11 billion. Confluent was up 29% at $29.73 on Monday. Shares are up 6.3% ...
This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of revenues and then onwards from there. IBM also wants to find the modern AI era ...
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