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 ...
There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...
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 ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI. Source: IBM IBM has AI on its mind with plans to ...
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 released two new complex quantum processors alongside a new framework that would allow us to track the first demonstration of quantum advantage. When you purchase through links on our site, we ...
IBM announced new processors that it said will help it build a 'fault-tolerant quantum computer' by the end of the decade IBM's quantum lab in Albany, N.Y,. International Business Machines unveiled ...
SAN JOSE — IBM and Infineon have disclosed new rounds of employment cutbacks that will erase the jobs of more than 100 workers in the Bay Area. The staffing reductions extend what has turned out to be ...
AI-generated summary reviewed by our newsroom. Read our AI Policy. IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to ...
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