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News of the acquisition sent the data streaming platform’s shares up nearly 30% in trading on Monday. IBM announced on Monday ...
IBM ( IBM +0.79%) is buying Confluent ( CFLT +29.28%) -- that's the big tech headline this morning -- and it's driving shares ...
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IBM to acquire Confluent for $11 billion, expanding AI capabilities. Deal approved by boards, expected to close mid-2022.
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, ...
IBM acquires Confluent for $11B, creating an arbitrage opportunity and boosting data streaming in its AI stack.
International Business Machines Corp (NYSE: IBM) is reportedly in advanced discussions to acquire data-infrastructure company ...
While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...
The legacy tech giant said it will use the data streaming platform Confluent to expand its generative and agentic AI ...