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. Announced they have entered into a definitive agreement under which ibm will acquire all of the issued and outstanding common shares of confluent for $31 per share, representing an enterprise value of $11 billion 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.
Ibm announced it would buy data streaming firm confluent for $11 billion, the companies said in a statement on monday morning, marking a major acquisition as the legacy tech company pushes to. Confluent is being acquired by ibm for $11 billion in cash ($31 per share) ibm wants to expand its cloud, data, and ai infrastructure offerings confluent’s total addressable market and revenue. The agreement will also allow ibm to streamline its product offering because of overlapping technologies, while expanding confluent’s services to a wider range of customers.
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