SDxCentral

IBM ingests Confluent in $11B smart data streaming play

The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior ...
The Next Platform

IBM Broadens Its Enterprise Software Stack With Confluent Buy

This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of ...

Confluent shares jump as IBM reportedly weighs $11B acquisition

IBM is reportedly in talks to acquire Confluent for $11 billion, aiming to strengthen its cloud and AI software capabilities ...
sharewise

Can IBM Sustain a Healthy Profit Margin in the Software Segment?

Over the years, International Business Machines Corporation’s IBM Software segment has recorded healthy profit growth backed ...

Why Shares of AI Data Software Company Confluent Are Soaring on Monday

Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per share, valuing Confluent at $11 billion.
Seeking Alpha

IBM: Q3, Strong Software Growth Offset By Temporary Weakness In Consulting

IBM's AI advancements, including Granite 3.0 and Red Hat OpenShift AI, are pivotal for future growth, particularly in the consulting business. Despite current macroeconomic challenges, I expect ...
CNET

IBM reorganizes software group

As part of a reorganization in its software group, Big Blue is revamping its sales process to break down product and geographical barriers and focus on key technology areas. Martin LaMonica is a ...

IBM accelerates cloud drive with $11 billion Confluent deal as AI demand booms

IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its ...