IBM announced its multi-billion-dollar buyout of streaming Confluent as stock shares spiked nearly 30% and IBM at about 1$ after it was revealed.

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 announced Monday that it is ...

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 is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue's ability to capture ...

Chief says deal with data streaming platform will allow company to deploy generative artificial intelligence ‘faster’ ...

The IT tech company plans to use Confluent’s data stream platform to drive AI deployment and governance and analysis for ...

Confluent sells an enterprise version of the open-source Kafka data streaming platform, which it said is used by 80% of the Fortune 100. IBM said the addition of Confluent underlines a broader IBM ...

IBM’s stock doubled but faces rising debt, slow growth, and high valuation. Click here to explore why IBM’s M&A strategy may limit gains despite AI optimism.

Oppenheimer analyst Ittai Kidron initiated coverage on Confluent Inc (NASDAQ:CFLT) with an Outperform rating and a price target of $37. The analyst said that Confluent’s ability to bring event ...

After rising just 5% in 2023, Confluent stock is up 41% YTD. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) What a difference a quarter made at Confluent (CFLT), a ...

Confluent is a terrific "growth at a reasonable price" software stock that has only seen its share price rise ~20% over the past year, despite strong growth. Confluent, founded by creators of ...

Confluent founders Neha Narkhede, CEO Jay Kreps and Jun Rao have built a new unicorn on top of open-source code. Open-source software has produced a new multibillion-dollar company–one that has some ...