IBM has announced it's acquiring data streaming platform Confluent in an $11 billion deal. The companies have signed a ...
Confluent connects data sources and cleans up data. It built its service on Apache Kafka, an open-source distributed event ...
IBM (NYSE: IBM) and Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced they have entered into a ...
It wouldn’t be Christmas without some big spending! IBM’s acquisition of Confluent could address some critical gaps for Big ...
While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...
The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior ...
IBM acquires Confluent for USD 11 billion to boost real-time data streaming and strengthen its AI and hybrid cloud strategy, ...
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 ...
International Business Machines Corp. is buying the data-streaming platform Confluent Inc. for about $9.3 billion, marking ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for ...
Confluent (CFLT) shares are surging after it was announced IBM (IBM) would buy the company in a deal valued at $11 billion.
Under the terms announced Monday, IBM will pay $31 per share in cash for all outstanding Conflunent stock, valuing the company an approximately $109 billion on an equity basis. Confluent shares surged ...