IBM acquires Confluent for $11B, creating an arbitrage opportunity and boosting data streaming in its AI stack.
AfroTech on MSN
IBM to acquire data-streaming platform Confluent for $11B to expand AI and cloud services
According to a press release, International Business Machines Corp. (IBM) and Confluent announced that IBM will acquire all ...
IBM's $11B Confluent acquisition completes its hybrid cloud stack, with Kafka streaming joining Red Hat and HashiCorp for enterprise AI infrastructure.
IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...
Ever wondered if Confluent’s recent share price gives you a golden opportunity or if you are walking into a value trap? Let’s dive beneath the surface to find out what is really driving the story here ...
Receiving the highest scores possible in 14 criteria, Confluent was recognized for strengths in messaging, processing, and event-driven enterprise applications. "Confluent excels across the majority ...
Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, today announced Confluent Intelligence, the fastest path to building and powering context-rich, real-time artificial intelligence (AI). Built ...
Cloud simplicity meets on-premises security to quickly scale data streaming across even the most heavily regulated businesses Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, today announced ...
Confluent is positioning itself as the "context layer for enterprise AI" with new capabilities that aim to solve the problem plaguing generative AI investments—lack of fresh, trustworthy data—by ...
The latest trends in software development from the Computer Weekly Application Developer Network. Officially just known as ‘Current’ – and we say this every year, Confluent doesn’t necessarily include ...
Shares of Confluent Inc. closed 7.5% higher today following a report that it’s exploring a sale. Three sources told Reuters that the company, which commercializes Apache Kafka, has drawn takeover ...
Confluent shares rally 11.4% Firm working with bankers after attracting interest from private equity and tech firms, sources say Interest fueled by corporate race for AI and firm's pressured valuation ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results