IBM is reportedly in advanced negotiations to acquire Confluent Inc. (NASDAQ: CFLT) in a deal valued at roughly $11 billion, ...
Under the terms of the deal announced Monday, IBM will purchase Confluent for $11 billion in cash. That amounts to $31 per ...
While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...
Confluent connects data sources and cleans up data. It built its service on Apache Kafka, an open-source distributed event ...
IBM advances AI strategy with $11B Confluent acquisition, boosting real-time data processing and hybrid cloud capabilities.
IBM announced its multi-billion-dollar buyout of streaming Confluent as stock shares spiked nearly 30% and IBM at about 1$ ...
IBM to acquire Confluent for $11 billion, expanding AI capabilities. Deal approved by boards, expected to close mid-2022.
IBM revealed on Monday that it will acquire Confluent, a data streaming vendor, for $11 billion. Confluent's platform is ...
Along with Confluent and Amazon Web Services, IBM is one of the largest providers of managed Apache Kafka, a open-source ...
The addition of Confluent fits with IBM's deal last year to land cloud software maker HashiCorp for $6.4 billion and the 2023 ...
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BMO Capital Markets analyst Keith Bachman reiterated the Market Perform rating on International Business Machines Corporation (NYSE:IBM), raising the price target to $152 from $150. IBM reported ...
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