Brief: IBM To Acquire Confluent To Create Smart Data Platform For Enterprise Generative AI
Dec 8 (Reuters) - Confluent Inc CFLT.O: IBM TO ACQUIRE CONFLUENT TO CREATE SMART DATA PLATFORM FOR ENTERPRISE GENERATIVE AI CONFLUENT INC: PROPOSED DEAL FOR $31 PER SHARE CONFLUENT INC: PROPOSED DEAL FOR ENTERPRISE VALUE OF $11 BILLION CONFLUENT INC: IBM EXPECTS THAT DEAL WILL BE ACCRETIVE TO ADJUSTED EBITDA WITHIN FIRST FULL YEAR AND FREE CASH FLOW IN YEAR TWO, POST CLOSE Source text: ID:nPreMCGhWa Further company coverage: CFLT.O ((Reuters.Briefs@thomsonreuters.com;))
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