IBM to acquire Confluent for $11B as it seeks to bolster its data offerings

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...

IBM Pursues AI Expansion With $11B Confluent Acquisition

The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for ...
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IBM to Acquire Confluent for $11B

IBM will acquire Confluent for approximately $11 billion to advance enterprise AI with an end-to-end data platform.

Revisiting Confluent (CFLT) Valuation After Its Recent Share Price Rebound

Why Confluent Stock Just Drew Fresh Attention Confluent (CFLT) has quietly staged a strong rebound, with the stock climbing about 27% over the past month and more than 54% in the past 3 months, ...

Stifel Lifts IBM Price Target Following $11B Confluent Acquisition

International Business Machines Corporation (NYSE:IBM) is included among the 15 Best Stocks to Buy for the Long Term. On ...

Confluent (CFLT) was downgraded to a Hold Rating at William Blair

In addition to William Blair, Confluent also received a Hold from Piper Sandler’s Rob Owens in a report issued today. However, on the same day, Bank of America Securities maintained a Sell rating on ...

Unpacking Q3 Earnings: Confluent (NASDAQ:CFLT) In The Context Of Other Data Infrastructure Stocks

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the data infrastructure industry, ...

IBM to acquire Confluent for $11 billion as tech giant aims to expand AI footprint — Details here

IBM has announced on Monday, 8 December that it will acquire Confluent in a $11 billion deal, aiming to expand its footprint ...