International Business Machines Corporation (IBM)
Will IBM's Purported Confluent Buyout Spur the Growth Engine?
IBM's reported $11 billion move for Confluent aims to strengthen its real-time data capabilities and expand its cloud-native services footprint.
IBM to acquire Confluent for $11B in AI-focused deal
International Business Machines Corp (NYSE:IBM) said on Monday it has agreed to acquire Confluent Inc, a data streaming platform used by clients including Anthropic, Amazon Web Services and Google, in an all-cash deal valued at $11 billion. Confluent, which focuses on connecting, processing, and managing reusable data for AI deployments, will continue operating as a standalone business under IBM.
IBM to acquire Confluent for $11B as it seeks to bolster its data offerings
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 deploy AI technology.
IBM Buys Confluent For $11 Billion Deal
IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand its AI business.
Why IBM plans to buy Confluent in its biggest deal since 2019
The technology giant announced its intent to acquire Confluent for $11 billion. It's a play on the data required for AI.
IBM to buy Confluent in $11 billion deal in cloud-computing drive
IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom.
IBM acquiring Confluent in $11 billion all-cash deal
IBM said it is acquiring Confluent in a deal worth $11 billion. IBM will pay $31 per share in cash for all of the issued and outstanding common shares of the company.
IBM nears roughly $11 billion deal for Confluent, WSJ reports
IBM is in advanced talks to acquire data infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
IBM Nears Roughly $11 Billion Deal for Confluent
A deal for the data-infrastructure company could come as soon as Monday.
Investors Heavily Search International Business Machines Corporation (IBM): Here is What You Need to Know
IBM (IBM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Can IBM's Tie-Up With Cisco for Quantum Network Aid Its Shares?
IBM teams with Cisco to build a quantum network by 2030, aiming to drive breakthroughs in quantum computing and connectivity.
Can IBM Sustain a Healthy Profit Margin in the Software Segment?
Over the years, International Business Machines Corporation's IBM Software segment has recorded healthy profit growth backed by a strong focus on product innovation and a growing adoption of its hybrid cloud services. The Software segment includes Hybrid Cloud (previously reported as Red Hat), Automation, Data and Transaction Processing businesses.
