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

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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 ...

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To keep pushing its AI strategy, International Business Machines Corporation (NYSE:IBM) has leaned into acquisitions. One of ...

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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 ...

According to IBM's data, over the past 3-5 years, many industry players have surpassed the initial experimental phase. They ...

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 ...

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

IBM acquires Confluent for $11B in a major cloud and data deal. Analyze the strategic implications, and market impact, ...