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 The agreement, announced today (dec The legacy tech giant said it will use the data streaming platform confluent to expand its generative and agentic ai businesses.
Ibm has announced it's acquiring data streaming platform confluent in an $11 billion deal For $11 billion including debt, marking one of its largest takeovers yet and a major bet on the kind of. The companies have signed a definitive agreement for ibm to buy all of confluent's common stock at $31 per share in cash.
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.
