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 Corp. said today it has signed a definitive agreement to acquire streaming data firm Confluent Inc. in an all-cash transaction valued at about $11 billion, paying $31 per share in cash for all ...

IBM is betting $11 billion that real-time data infrastructure will become as critical to AI deployments as databases were to enterprise applications. The company's just-announced acquisition of ...

With AI applications and agents increasing the demand for trusted real-time data, IBM plans to combine the Confluent platform with its AI infrastructure software and automation systems. IBM has struck ...

IBM possesses significant advantages for executing its growing AI strategy due to its substantial resources and deep market presence. The company's solid financial position, evidenced by a healthy ...

With its continued innovation in software and AI, IBM has become a software-led hybrid cloud and AI platform company, Arvind Krishna told investors.