IBM's $11B Confluent acquisition completes its hybrid cloud stack, with Kafka streaming joining Red Hat and HashiCorp for enterprise AI infrastructure.
IBM (NYSE: IBM) and Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced they have entered into a definitive agreement ...
While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform will generate a superior return compared to the capex-heavy strategies of ...
IBM has announced it's acquiring data streaming platform Confluent in an $11 billion deal IBM said Monday it's buying data streaming platform Confluent in a deal worth $11 billion that will help ...
IBM has agreed to acquire cloud-native enterprise data streaming platform Confluent in a move designed to expand its portfolio of tools for building AI applications The company said Monday in a ...
IBM announced the agreement on Monday, Dec. 8, sharing that it will acquire all the issued and outstanding common shares of Confluent for $31 per share, valuing the enterprise at $11 billion.
IBM Corp. said today it’s buying the database company DataStax Inc. in an effort to turbocharge the capabilities of its growing watsonx portfolio of artificial intelligence development tools. The ...
The big purchase is intended to help bolster IBM’s AI strategy. IBM said Monday it’s buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology ...
The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior to the deal being announced. The deal has garnered support from investors ...
One of the themes for IBM Think 2025 — this week’s flagship event for customers, partners and analysts — is exploring how AI and automation are being put to work in the real world. One of the big ...
IBM acquires Confluent for $11B, creating an arbitrage opportunity and boosting data streaming in its AI stack.
Confluent shares surged more than 20% in premarket trading after reports said IBM is nearing an $11 billion acquisition deal for the data streaming company.
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