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 revenues and then onwards from ...

IBM acquires Confluent for $11B, creating an arbitrage opportunity and boosting data streaming in its AI stack.

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 ...

While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform will generate a superior return compared to the capex-heavy strategies of ...

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 ...

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...

Ever wondered if Confluent’s recent share price gives you a golden opportunity or if you are walking into a value trap? Let’s dive beneath the surface to find out what is really driving the story here ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

International Business Machines Corporation (NYSE:IBM) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, ...

Big Blue’s latest mega-buy hands it a real-time data-streaming powerhouse built on Kafka IBM has cracked open its wallet again, agreeing to shell out $11 billion for Confluent in a bid to glue ...

Dec 7 (Reuters) - IBM (IBM.N), opens new tab is in advanced talks to acquire data-infrastructure company Confluent (CFLT.O), opens new tab for about $11 billion, the Wall Street Journal reported on ...

IBM said Monday it’s buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company’s artificial intelligence strategy. The two companies said they ...