IBM Close to Buying Confluent in $11 Billion Deal, WSJ Says

IBM has announced its acquisition of Confluent, a data-streaming platform, for approximately $11 billion, which is about 34% higher than its previous share price. This strategic move is aimed at bolstering IBM's data infrastructure and analytics capabilities, particularly in the realm of real-time data processing and artificial intelligence services.

At the Defending the Digital Economy event in New York, Rich Baich from AT&T, Rosa Bolger from IBM, and Alan Rosa from CVS Health discussed strategies for staying ahead of cyber threats, emphasizing the importance of proactive measures in cybersecurity.

Paramount Skydance has made a hostile bid to acquire Warner Bros. Discovery at $30 per share, shortly after Warner Bros. secured a significant deal with Netflix valued at approximately $72 billion. This move indicates a competitive shift in the media landscape as companies vie for dominance in content creation and distribution.

IBM has announced its acquisition of Confluent, a data-streaming platform, for approximately $9.3 billion, marking a significant investment aimed at enhancing its AI services and real-time data processing capabilities. This acquisition is one of IBM's largest takeovers to date, reflecting its strategic focus on integrating advanced data infrastructure into its offerings.

IBM has announced its acquisition of Confluent, a data-streaming platform, for approximately $11 billion, translating to $31 per share. This strategic move aims to enhance IBM's capabilities in real-time data processing, which is increasingly vital for the demands of generative AI technologies.

IBM has announced its acquisition of data streaming platform Confluent for $11 billion, marking a significant move in the technology sector. This acquisition is expected to enhance IBM's capabilities in data infrastructure and analytics, aligning with the company's strategic goals in the evolving digital landscape.

IBM has announced its acquisition of Confluent, a data streaming platform, for $11 billion, a significant move in the technology sector. Following the announcement, Confluent's shares surged over 25% in premarket trading, while IBM's stock experienced a slight decline.

IBM has announced its acquisition of Confluent, a data-streaming platform, for $11 billion, including debt. This significant move is aimed at enhancing IBM's capabilities in real-time data processing, which is essential for the growing demands of artificial intelligence applications.