Confluent snapped a two-day losing streak on Monday, soaring 29.08 percent to finish at $29.87 apiece as investors repositioned portfolios following IBM’s announcement that it would acquire the ...
IBM will acquire Confluent for approximately $11 billion to advance enterprise AI with an end-to-end data platform.
IBM to buy Confluent for $11 billion to expand its AI and cloud data tools, a deal backed by major investors and expected to ...
Under the terms of the deal announced Monday, IBM will purchase Confluent for $11 billion in cash. That amounts to $31 per ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for ...
The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior ...
While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...
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 ...
IBM will acquire data streaming firm Confluent for $11B to strengthen its AI capabilities, expanding real-time data ...
Big moves across media, tech, finance, and aviation as Paramount, IBM, JPMorgan, and IndiGo dominate today’s headlines.
IBM has struck a definitive agreement to buy real-time data streaming platform developer Confluent in a deal valued at $11 billion, the companies said Monday. IBM said that with Confluent’s technology ...