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IBM to buy Confluent in $11 billion deal in cloud-computing drive
IBM will pay $11 billion in cash to acquire Confluent, enhancing AI and hybrid-cloud data streaming amid expected global data growth doubling by 2028, IBM said.
- IBM has announced it is acquiring Confluent in a deal worth $11 billion to enhance its artificial intelligence strategy.
- The agreement states IBM will buy Confluent's shares for $31 each, totaling an enterprise value of $11 billion.
- IBM CEO Arvind Krishna stated that the acquisition will allow client companies to deploy AI services more effectively by ensuring trusted data flow.
- The transaction must receive approval from Confluent shareholders and regulators, and is expected to close in mid-2026.
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IBM is buying data infrastructure company Confluent for $11 billion (CZK 229.1 billion), strengthening its cloud services offering and capitalizing on the growing demand for these services driven by artificial intelligence (AI).
Coverage Details
Total News Sources68
Leaning Left11Leaning Right7Center13Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 35%
C 42%
R 23%
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