News of IBM's acquisition of Confluent sent the data streaming platform's stock price up nearly 30% in trading on Monday.

News of IBM's acquisition of Confluent sent the data streaming platform's stock price up nearly 30% in trading on Monday.

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Big Blue loves big data.

Confluent (CFLT) shares are surging after it was announced IBM (IBM) would buy the company in a deal valued at $11 billion.

And a few others from executives at the Fortune CEO Forum.

Adding a foundational piece to its cloud and AI strategies.

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...

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By Arsheeya Bajwa Dec 8 (Reuters) - IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at ...

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IBM has announced it's acquiring data streaming platform Confluent in an $11 billion deal. The companies have signed a ...