IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as part of efforts to build and deliver a data platform that could enable ...

IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...

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

IBM agreed to pay $31 a share for Confluent. The Wall Street Journal reported Sunday evening that IBM and Confluent were in advanced deal talks.

IBM is close to finalizing a deal to buy Confluent, a company that provides technology for managing real-time data streams used in large artificial intelligence models, reported The Wall Street ...

IBM agreed to purchase data streaming platform Confluent for $11 billion Monday. Both companies’ boards greenlit the transaction, which is expected to close by the middle of next year, pending ...

Leaders in quantum computing envision a future when the ultrapowerful machines can “talk” to each other across long distances. If they pull it off, it could unlock a new frontier of quantum, helping ...

IBM has introduced two different quantum chips that it believes could help demonstrate "quantum advantage," or the ability for a quantum computer to solve a problem faster than a classical computer, ...

Layoffs at International Business Machines Corp. (NYSE: IBM) will not help it lead in artificial intelligence. IBM has a history of letting opportunities to lead pass it by, and now it is no longer ...

The big picture: The layoff plan underscores how aggressively Big Blue is betting on automation, consulting, and quantum computing to define its next decade. It also marks the latest step in IBM's ...

IBM Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI Your email has been sent IBM is cutting thousands of jobs as it pivots toward AI and software. The tech giant’s ...

The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software. By Steve Lohr IBM said on Tuesday that it planned to cut thousands of ...