IBM upgraded to buy as the Confluent acquisition may boost top-line growth and margins through cloud synergy. Click for more on IBM and CFLT stocks.

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 ...

While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform will generate a superior return compared to the capex-heavy strategies of ...

IBM (IBM) revealed today it plans to acquire Confluent (CFLT), a pioneer in data streaming, for about $11B, prompting Confluent shares to surge more than 25% during early Monday trading. Confluent ...

Confluent sells an enterprise version of the open-source Kafka data streaming platform, which it said is used by 80% of the Fortune 100. IBM said the addition of Confluent underlines a broader IBM ...

IBM will pay $11 billion in cash to acquire Confluent. Confluent is a much smaller tech stock, and growing much faster than IBM. In a press release this morning, IBM announced the deal as a signed, ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

Ever wondered if Confluent’s recent share price gives you a golden opportunity or if you are walking into a value trap? Let’s dive beneath the surface to find out what is really driving the story here ...

Dec 7 (Reuters) - IBM (IBM.N), opens new tab is in advanced talks to acquire data-infrastructure company Confluent (CFLT.O), opens new tab for about $11 billion, the Wall Street Journal reported on ...