News of the acquisition sent the data streaming platform’s shares up nearly 30% in trading on Monday. IBM announced on Monday ...
IBM announced its multi-billion-dollar buyout of streaming Confluent as stock shares spiked nearly 30% and IBM at about 1$ ...
IBM to acquire Confluent for $11 billion, expanding AI capabilities. Deal approved by boards, expected to close mid-2022.
Confluent will help IBM grow faster -- but can it grow fast enough to justify a high stock price?
Big Blue says it will acquire all of the AI company’s issued and outstanding common shares for $31 a share.
International Business Machines Corp (NYSE: IBM) is reportedly in advanced discussions to acquire data-infrastructure company ...
The legacy tech giant said it will use the data streaming platform Confluent to expand its generative and agentic AI ...
Adding a foundational piece to its cloud and AI strategies.
IBM acquires Confluent for $11B, creating an arbitrage opportunity and boosting data streaming in its AI stack.
IBM upgraded to buy as the Confluent acquisition may boost top-line growth and margins through cloud synergy. Click for more ...
International Business Machines Corporation (NYSE:IBM) is one of the Must-Watch AI Stocks on Wall Street. On December 5, ...
IBM (IBM) shares have tumbled despite the company posting better-than-expected earnings. Q3 EPS came in at $2.65 and beat analyst estimates of $2.44. Revenue of $16.33 also beat estimates of $16.03, ...