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Confluent operates in a structurally growing real-time data streaming market, delivering double-digit revenue growth but remaining unprofitable. The company is expected to reach breakeven in 2027, ...

American tech giant IBM announced last month the acquisition of Confluent, a pioneering company in data streaming, for $11 billion. The buyout will allow IBM to strengthen its AI platform and cloud ...

IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as part of efforts to build and deliver a data platform that could enable ...

International Business Machines Corp. is buying the data-streaming platform Confluent Inc. for $11 billion including debt, marking one of its largest takeovers yet and a major bet on the kind of ...

IBM will pay $11 billion in cash to acquire Confluent. Confluent is a much smaller tech stock, and growing much faster than IBM. In a press release this morning, IBM announced the deal as a signed, ...

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 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 ...

(RTTNews) - IBM Corp. (IBM) and Confluent, Inc. (CFLT), announced Monday they have entered into a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of ...

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 ...

Dec. 8 (UPI) --IBM announced Monday its buying out Confluent, a steaming platform, in a multi-billion-dollar deal. Confluent stock shares spiked nearly 30% and IBM at about 1$ after it was revealed ...