IBM to buy Confluent in $11 billion deal in cloud-computing drive
08/12/2025 13:02
Dec 8 (Reuters) - IBM IBM.N said on Monday it will buy data infrastructure company Confluent CFLT.O in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom. (Reporting by Arsheeya Bajwa in Bengaluru) ((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))
Recent news on Confluent
See all newsNASDAQ TRADE HALT CONTINUES REASON NOT AVAILABLE AT 03:58 AM
NASDAQ TRADE HALT TRADING HALTED; FOR INFORMATION REQUESTED BY NASDAQ AT 07:50 PM
Brief: SA Competition Commission Approves IBM-Confluent Deal, Without Conditions
Brief: Confluent Announces Chief Accounting Officer Kong Phan Resigns On Feb 23
Confluent beats Q4 revenue, adjusted profit estimates