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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IBM Corp. said today it has signed a definitive agreement to acquire streaming data firm Confluent Inc. in an all-cash transaction valued at about $11 billion, paying $31 per share in cash for all ...
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 ...
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 ...
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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California Governor Gavin Newsom has signed a new privacy law requiring web browsers to make opting out of data sales simple and accessible for all users, just over a ...
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