IBM's $11B Confluent acquisition completes its hybrid cloud stack, with Kafka streaming joining Red Hat and HashiCorp for enterprise AI infrastructure.
IBM (NYSE: IBM) and Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced they have entered into a definitive agreement ...
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 has agreed to acquire cloud-native enterprise data streaming platform Confluent in a move designed to expand its portfolio of tools for building AI applications The company said Monday in a ...
IBM announced the agreement on Monday, Dec. 8, sharing that it will acquire all the issued and outstanding common shares of Confluent for $31 per share, valuing the enterprise at $11 billion.
IBM Corp. said today it’s buying the database company DataStax Inc. in an effort to turbocharge the capabilities of its growing watsonx portfolio of artificial intelligence development tools. The ...
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 ...
One of the themes for IBM Think 2025 — this week’s flagship event for customers, partners and analysts — is exploring how AI and automation are being put to work in the real world. One of the big ...
International Business Machines Corp. is buying the data-streaming platform Confluent Inc. for about $9.3 billion, marking one of its largest takeovers yet and a major bet on the kind of enterprise ...
IBM Synthetic Data Sets are designed to help with training or fine-tuning AI models quickly on IBM Z and LinuxONE mainframes. IBM is rolling out a portfolio of enterprise data sets aimed at ...
Over the next few years, Big Blue may not build the biggest AI business in the world by any stretch of the imagination, but we do have confidence that it will build a collection of AI products and ...