IBM to acquire Confluent for $11B
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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 revenues and then onwards from
It wouldn’t be Christmas without some big spending! IBM’s acquisition of Confluent could address some critical gaps for Big Blue and support customers moving away from batch processing, in search of usable AI.
The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior to the deal being announced. The deal has garnered support from investors controlling approximately 62% of Confluent’s voting stock.
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 it can provide an “end-to-end platform for businesses to connect, process and govern data for applications and Ai agents.”
SAN JOSE, Calif., march 29 — Confluent, founded by the creators of Apache Kafka, today announced the launch of Confluent University and the availability of the program’s first two public Kafka training courses. The first events will be held in San ...
How the fully managed Kafka service can bring peace and simplicity to the lives of those who depend on event streaming infrastructure. Imagine you are getting groceries delivered, or looking for a recommendation on what to watch next on TV, or using a ...
Confluent is looking to its systems integrator and cloud platform partners to help win over the more than 100,000 organizations using open-source Kafka software and migrate them to the company’s streaming data platform. Data Streaming technology ...