IBM will acquire Confluent for approximately $11 billion to advance enterprise AI with an end-to-end data platform.

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

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

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 ...

IBM has struck a definitive agreement to buy real-time data streaming platform developer Confluent in a deal valued at $11 billion, the companies said Monday. IBM said that with Confluent’s technology ...

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

Dec 8 (Reuters) - IBM (IBM.N) said on Monday it will buy data infrastructure company Confluent (CFLT.O) in a deal valued at ...

Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per share, valuing Confluent at $11 billion.

IBM announced its multi-billion-dollar buyout of streaming Confluent as stock shares spiked nearly 30% and IBM at about 1$ ...

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to to bolster its data and automation ...

IBM upgraded to buy as the Confluent acquisition may boost top-line growth and margins through cloud synergy. Click for more ...

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