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IBM to Buy Confluent for $11 Billion to Expand AI, Data Platform | PYMNTS.com
- IBM said on Monday (Dec. 8) it plans to acquire Confluent for about $11 billion in cash for the real-time data streaming company in one of its largest acquisitions in the recent years. The transaction is expected to close by mid-2026, pending shareholder and regulatory approval. The company said Confluent will continue operating as a standalone business unit inside IBM after the deal closes. Confluent provides ...

Source: pymnts.com