This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of ...

While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...

The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for ...

Under the terms announced Monday, IBM will pay $31 per share in cash for all outstanding Conflunent stock, valuing the company an approximately $109 billion on an equity basis. Confluent shares surged ...

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

International Business Machines Corp. is buying the data-streaming platform Confluent Inc. for about $9.3 billion, marking ...

It wouldn’t be Christmas without some big spending! IBM’s acquisition of Confluent could address some critical gaps for Big ...

IBM ( IBM 0.02%) is close to acquiring Confluent ( CFLT 0.90%), reports The Wall Street Journal, for around $11 billion. It ...

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

IBM announced the agreement on Monday, Dec. 8, sharing that it will acquire all the issued and outstanding common shares of ...

IBM has plans to purchase Confluent, a leading provider of data streaming technology, in an all-cash transaction valued at ...

The potential takeover comes at a pivotal moment for IBM, which is under investor pressure to reinvigorate growth in its ...