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 ...

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, ...

International Business Machines is turning to a big-money acquisition as it looks to maintain an artificial-intelligence advantage. The technology giant announced on Monday that it planned to purchase ...

IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand ...

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 ...

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 ...

Shares of Confluent rose after International Business Machines agreed to acquire the data-infrastructure company for about $11 billion. Confluent was up 29% at $29.73 on Monday. Shares are up 6.3% ...

This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of revenues and then onwards from there. IBM also wants to find the modern AI era ...

ARMONK, N.Y. and MOUNTAIN VIEW, Calif., Dec. 8, 2025 — IBM (NYSE: IBM) and data streaming company Confluent today announced they have entered into an agreement under which IBM will acquire all of the ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

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 its intention to acquire Confluent, Inc., the data streaming pioneer, signing a definitive agreement under which IBM will acquire all the issued and outstanding common shares of ...