Per a Wall Street Journal report, International Business Machines Corporation IBM is aiming to boost its cloud and data-services offerings by acquiring Confluent, Inc. CFLT, a leading ...

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Analysts forecast accretion: JPMorgan estimates 15% EPS boost by year three, citing 90% gross margins on Confluent Cloud. IBM ...

IBM is reportedly in advanced negotiations to acquire data infrastructure company Confluent for an estimated $11 billion.