Why Shares of AI Data Software Company Confluent Are Soaring on Monday

Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per ...

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

Dec 7 (Reuters) - IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall ...
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 ...
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 ...

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 ...

How quantum computing could put IBM back on top again

Big Blue has been working on the next-gen technology for decades, and now has major breakthroughs in its sights. We get a ...