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. The tech giant said it would offer $31 for each Confluent share, which is about 50% more than …
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IBM to Acquire Confluent to Create Smart Data Platform for Enterprise Generative AI – IBM Newsroom

IBM to Acquire Confluent to Create Smart Data Platform for Enterprise Generative AI  IBM Newsroom Exclusive | IBM Strikes $11 Billion Deal for Confluent  The Wall Street Journal IBM to Buy Confluent for $11 Billion to Expand in AI Services  Bloomberg.com Confluent Stock Jumps On Report IBM Near Acquisition Deal  Investor’s Business Daily IBM nears $11 billion Confluent deal …
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