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IBM’s landmark acquisition of data streaming leader Confluent for $11 billion marks a pivotal move to dominate enterprise AI integration. Confluent’s stock surged 29% on the news, reflecting massive ...

According to a press release, International Business Machines Corp. (IBM) and Confluent announced that IBM will acquire all ...

The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior to the deal being announced. The deal has garnered support from investors ...

IBM (IBM +0.60%) wants to be an artificial intelligence (AI) powerhouse. The tech giant is scooping up data-streaming dynamo Confluent (CFLT 0.03%) to add to its growing collection of AI-enablers.

IBM will pay $11 billion in cash to acquire Confluent. Confluent is a much smaller tech stock, and growing much faster than IBM. In a press release this morning, IBM announced the deal as a signed, ...

IBM (IBM) revealed today it plans to acquire Confluent (CFLT), a pioneer in data streaming, for about $11B, prompting Confluent shares to surge more than 25% during early Monday trading. Confluent ...

Sometimes, investors freak out when a company makes a deal. That wasn’t the case with International Business Machines and its $11 billion purchase of Confluent, a deal that speaks to Big Blue’s lofty ...

International Business Machines has agreed to acquire data-infrastructure company Confluent in a deal representing an enterprise value of $11 billion. Under the agreement, IBM would acquire all issued ...

International Business Machines agreed to acquire data streaming firm Confluent for around $11 billion in cash. Confluent provides technology that helps companies manage real-time data streams used in ...

The news: IBM is making one of its biggest bets yet on artificial intelligence with a USD11 billion ($16.6 billion) acquisition of data-streaming platform Confluent Inc paying USD31 a share in cash.

Imagine it’s 3 a.m. and your pager goes off. A downstream service is failing, and after an hour of debugging you trace the issue to a tiny, undocumented schema change made by an upstream team. The fix ...