News list for "confluent"

IBM Corp. will acquire data-streaming platform Confluent Inc. for about $9.30 billion, making it one of its largest acquisitions to date and a major bet on enterprise software needed for artificial intelligence tools to perform tasks in real time. IBM will make the acquisition for $31 per share, according to a statement released Monday. The statement said the enterprise value, including debt, is $11 billion. The parties expect the deal to close by mid-2026. If the deal fails or is terminated, IB...

2025-12-08 18:25:16