IBM Buys Data Firm Confluent For $11 Billion
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IBM Buys Data Firm Confluent For $11 Billion
IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand its AI business. Read the full story on Forbes: https://www.forbes.com/sites/zacharyfolk/2025/12/08/ibm-buys-confluent-for-11-billion-deal ...
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IBM announced Monday that it is acquiring data streaming platform Confluent in a deal worth $11 billion. IBM CEO Arvind Krishna said Confluent will be part of its software unit. “Data, and especially real-time data, is incredibly important to how an enterprise functions,” Krishna told CNBC. “Confluent has the most capable technology to unlock the real-time value of data,” he said. Read more: cnb.cx/4aIDdnc | CNBC
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