IBM advances AI strategy with $11B Confluent acquisition, boosting real-time data processing and hybrid cloud capabilities.

Over the years, International Business Machines Corporation’s IBM Software segment has recorded healthy profit growth backed by a strong focus on product innovation and a growing adoption of its ...

IBM's $11B Confluent acquisition completes its hybrid cloud stack, with Kafka streaming joining Red Hat and HashiCorp for ...

IBM is reportedly in advanced negotiations to acquire Confluent Inc. (NASDAQ: CFLT) in a deal valued at roughly $11 billion, ...

IBM has struck a definitive agreement to buy real-time data streaming platform developer Confluent in a deal valued at $11 billion, the companies said Monday. IBM said that with Confluent’s technology ...

Key Takeaways Confluent stock jumped nearly 30% Monday morning after IBM announced a deal to acquire the company.IBM will pay $31 per share for the data management software maker, valuing Confluent at ...

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 ...

IBM to Acquire Two Enterprise Data Integration Platforms From Software AG Your email has been sent The $2.3 billion deal is expected to close in the second quarter of 2024. IBM continues to invest in ...

IBM's focus on enterprise solutions misses consumer cloud and AI demand, leading to underperformance compared to competitors like Microsoft, AWS, Google, and Oracle. Recent earnings show software ...

(Reuters) -IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand for the ...

IBM Corp. delivered third-quarter financial results that surpassed Wall Street’s expectations and raised its guidance, citing tailwinds in artificial intelligence. However, investors were seemingly ...