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

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IBM has just announced a massive acquisition of Confluent for a staggering USD 11 billion, even as the technology giant has recently carried out widespread layoffs. Now, this decision is highly ...

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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 ...

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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 ...

Under the terms of the deal announced Monday, IBM will purchase Confluent for $11 billion in cash. That amounts to $31 per ...

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