Ibm has announced it's acquiring data streaming platform confluent in an $11 billion deal The companies have signed a definitive agreement for ibm to buy all of confluent's common stock at $31 per share in cash. Confluent team, i’m excited to share that a few moments ago, we announced that confluent has signed an agreement to be acquired by ibm in an all cash deal for $31.00 per share Later this morning, december 8, at 9 a.m Pt and again in the evening at 7 p.m Pt, we will have a company all hands meeting.
The deal marks a significant moment for ibm, which said confluent was a “natural fit” that would aid its expansion into cloud and wider ai solutions. Ibm said it is acquiring confluent in a deal worth $11 billion The addition of confluence will strengthen ibm's artificial intelligence portfolio Ibm will pay $31 per share in cash for all of.
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