To further expand its AI technology, IBM has turned to acquisitions -- and one of its next ones will be Cognitus. On the ...
Data streaming platform Confluent is responsible for infrastructure that underpins AI systems, allowing companies to rapidly ...
Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per ...
IBM advances AI strategy with $11B Confluent acquisition, boosting real-time data processing and hybrid cloud capabilities.
IBM has agreed to acquire data-infrastructure company Confluent in an all-cash deal valued at about $11 billion. The ...
While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...
IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal ...
Dec 8 (Reuters) - IBM (IBM.N) said on Monday it will buy data infrastructure company Confluent (CFLT.O) in a deal valued at ...
IBM, an old company with a history of missed innovation, is now showing growth potential under new management. Software and GenAI business segments are driving high-single digit revenue growth and ...
The acquisition will create public and private cloud integrations to help drive generative and agentic AI adoption, IBM CEO ...
IBM's stock price has surged by 17% since December 2023, highlighting their strength in hybrid platform and solutions after the Kyndryl spin-off. The company's focus on software and consulting has led ...
Commitments from clients for AI-related products and services doubled in the fourth quarter for IBM. The company's AI software platform is complemented by a consulting arm that helps clients ...