Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per share, valuing Confluent at $11 billion.
IBM, an old company with a history of missed innovation, is now showing growth potential under new management. Software and GenAI business segments are driving high-single digit revenue growth and ...
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Along with Confluent and Amazon Web Services, IBM is one of the largest providers of managed Apache Kafka, a open-source ...
IBM is reportedly in talks to acquire Confluent for $11 billion, aiming to strengthen its cloud and AI software capabilities ...
Commitments from clients for AI-related products and services doubled in the fourth quarter for IBM. The company's AI software platform is complemented by a consulting arm that helps clients ...
The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior ...
International Business Machines Corp. today said it’s acquiring software company Apptio Inc. for $4.6 billion in cash, nearly five years after Vista Equity Partners Management LLC acquired the firm ...
IBMwill buy software company Apptio for $4.6 billion, marking the seventh acquisition this year as Chief Executive Officer Arvind Krishna pushes the company’s transformation into a hybrid-cloud and ...
June 26 (UPI) --IBM announced on Monday it is purchasing business software company Apptio Inc. from its parent Vista Equity Partners for $4.6 billion. IBM said the deal will allow it to use Apptio's ...
IBM on Monday confirmed the $4.6 billion purchase of software company Apptio, giving the tech giant greater automation capabilities. IBM will buy Apptio from Vista Equity Partners, which took the ...
IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG. While cloud computing brings many benefits to ...