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IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
IBM Corp. said today it has signed a definitive agreement to acquire streaming data firm Confluent Inc. in an all-cash transaction valued at about $11 billion, paying $31 per share in cash for all ...
I’m upgrading International Business Machines Corporation to a Buy as I believe the Confluent, Inc. acquisition could accelerate top-line growth via IBM’s distribution and Confluent Cloud synergies. I ...
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 said it is acquiring Confluent in a deal worth $11 billion. The addition of Confluent will strengthen IBM's artificial intelligence portfolio. IBM will pay $31 per share in cash for all of the ...