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

The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior ...

US stocks fell on Monday as Wall Street awaited the Federal Reserve's final policy meeting of the year, while the deal drama ...

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 ...

The big purchase is intended to help bolster IBM’s AI strategy. IBM said Monday it’s buying data streaming platform Confluent ...

IBM acquired cloud software maker HashiCorp for $6.4 billion in 2024 and Apptio in a deal worth $4.6 billion in 2023. IBM ...

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

IBM advances AI strategy with $11B Confluent acquisition, boosting real-time data processing and hybrid cloud capabilities.

Confluent sells an enterprise version of the open-source Kafka data streaming platform, which it said is used by 80% of the ...