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IBM to acquire Confluent for $11B

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

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 depl...

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IBM to buy Confluent to grow AI data processing

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IBM Pursues AI Expansion With $11B Confluent Acquisition

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IBM buys data streaming platform Confluent in $11 billion deal

IBM said Monday it's buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company's artificial intelligence strategy.

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IBM nears $11 billion Confluent deal to boost cloud push, WSJ reports

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

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IBM to expand artificial intelligence services after $11 billion deal

IBM acquired cloud software maker HashiCorp for $6.4 billion in 2024 and Apptio in a deal worth $4.6 billion in 2023. IBM says the deal builds on those investments. Shares of Confluent soared 29% while IBM stock climbed about 1% upon the news, according to CNBC.

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IBM to acquire Confluent for $11 billion as tech giant aims to expand AI footprint — Details here

IBM has announced on Monday, 8 December that it will acquire Confluent in a $11 billion deal, aiming to expand its footprint in Artificial Intelligence footprint, the tech giant said in a press release.