ATHENS, Ga. — After facing a significant drop in movie production demand, Athena Studios in Athens is now considering converting its film space into a data center. The decision follows a notable ...
Confluent is being acquired by IBM for $11 billion in cash ($31 per share) IBM wants to expand its cloud, data, and AI infrastructure offerings Confluent’s total addressable market and revenue has ...
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 doubles down on AI infrastructure with its biggest software bet in recent years. IBM on Monday announced it will acquire data streaming platform Confluent in an all-cash deal valued at $11 billion ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
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 reportedly in advanced negotiations to acquire data infrastructure company Confluent for an estimated $11 billion. This potential deal would significantly bolster IBM's hybrid cloud and AI ...
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 ...
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