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 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 $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...
(RTTNews) - IBM Corp. (IBM) and Confluent, Inc. (CFLT), announced Monday they have entered into a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of ...
Dec. 8 (UPI) --IBM announced Monday its buying out Confluent, a steaming platform, in a multi-billion-dollar deal. Confluent stock shares spiked nearly 30% and IBM at about 1$ 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% ...
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 ...
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 ...