Confluent, Inc. (CFLT) provides a platform for businesses to unlock insights from their siloed data. All companies have data that's held throughout the organization. But how to unlock their data to ...
(Reuters) -Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its ...
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IBM strikes $11 billion deal for Confluent. How the acquisition could boost IBM's AI push.
IBMIBM said it will acquire data-infrastructure company ConfluentCFLT for roughly $11 billion. Confluent stock jumped more than 20% while IBM shares were lower in premarket trading Monday. IBM ...
IDC MarketScape reports for Worldwide Analytic Stream Processing Software 2024 Vendor Assessment and Worldwide Event Brokering Software 2024 Vendor Assessment highlight the growing importance of ...
IBM is consuming data streaming provider Confluent in an $11 billion deal targeted at bolstering Big Blue’s growing software empire. The proposed deal will see IBM acquire Confluent for $31 per share, ...
LONDON--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced new Confluent Cloud capabilities that give customers confidence that their data is trustworthy and ...
New initiative will expand Confluent’s partnerships and product capabilities to help companies build real-time AI innovations with data streams. Confluent, the data streaming pioneer, has announced ...
Most tech investors probably recognize Confluent (NASDAQ: CFLT) as the former cloud software division of LinkedIn that was spun off into a new company in 2014. It went public in June 2021, then more ...
Terms of the acquisition, scheduled to be formally announced Monday, were not disclosed, but an Oblix spokesman said the Cupertino, Calif.-based, company had signed a "binding letter of intent" to ...
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IBM Q4 deep dive: AI-driven software growth and strategic M&A power results
Technology and consulting giant IBM (NYSE:IBM) reported Q4 CY2025 results , with sales up 12.1% year on year to $19.69 billion. Its non-GAAP profit of $4.52 per share was 5.4% above analysts’ ...
Confluent was initiated with an outperform rating and a price target 80% above its share price to start the day. The stock sold off recently following its third-quarter earnings report and ...
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