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IBM, Confluent

Why IBM's $11 billion Confluent deal could supercharge its unique AI strategy

While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform will generate a superior return compared to the capex-heavy strategies of other tech giants. At any rate, the deal aligns well with IBM's AI strategy and enhances its overall product portfolio.

· 2h · on MSN

IBM Accelerates Cloud Drive With $11 Billion Confluent Deal as AI Demand Booms

The American Bazaar · 9h

IBM to acquire data infrastructure company Confluent for $11 billion

· 11h

IBM accelerates cloud drive with $11 billion Confluent deal as AI demand booms

IBM (IBM.N) said on Monday it will buy data infrastructure company Confluent (CFLT.O) in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boo...

· 12h

IBM to acquire Confluent for $11B as it seeks to bolster its data offerings

· 12h

IBM buys data streaming platform Confluent in $11 billion deal

10hon MSN

Why shares of AI data software company Confluent are soaring on Monday

Key Takeaways Confluent stock jumped nearly 30% Monday morning after IBM announced a deal to acquire the company.IBM will pay $31 per share for the data management software maker, valuing Confluent at $11 billion.

Analytics Insight

IBM to Acquire Confluent for $11 Billion to Strengthen Cloud and AI Strategy

IBM has agreed to acquire data-infrastructure company Confluent in an all-cash deal valued at about $11 billion. The agreement values Confluent at $31 per share

Seeking Alpha

IBM's Software And GenAI Investments Are Generating Strong Free Cash

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 expanding margins for IBM by 100 bp. Free cash has been ...

14h

Confluent shares jump as IBM reportedly weighs $11B acquisition

IBM is reportedly in talks to acquire Confluent for $11 billion, aiming to strengthen its cloud and AI software capabilities amid slowing growth.

The Spokesman-Review

IBM will buy software company Apptio for $4.6 billion

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 artificial intelligence business. IBM will use available ...

Seeking Alpha

IBM: Growth In Software And Consulting Should Drive Future Recurring Growth

IBM's stock price has surged by 17% since December 2023, highlighting their strength in hybrid platform and solutions after the Kyndryl spin-off. The company's focus on software and consulting has led to stable and recurring revenue growth, with software ...