IBM acquires Confluent for $11B, creating an arbitrage opportunity and boosting data streaming in its AI stack.
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 ...
IBM will acquire Confluent for approximately $11 billion to advance enterprise AI with an end-to-end data platform.
While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...
International Business Machines Corporation (NYSE:IBM) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, ...
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IBM to acquire data-streaming platform Confluent for $11B to expand AI and cloud services
According to a press release, International Business Machines Corp. (IBM) and Confluent announced that IBM will acquire all ...
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