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IBM Buys Data Firm Confluent For $11 Billion
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IBM Buys Data Firm Confluent For $11 Billion
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IBM announced Monday that it is acquiring data streaming platform Confluent in a deal worth $11 billion. IBM CEO Arvind Krishna said Confluent will be part of its software unit. “Data, and especially real-time data, is incredibly important to how an enterprise functions,” Krishna told CNBC. “Confluent has the most capable technology to unlock the real-time value of data,” he said. Read more: cnb.cx/4aIDdnc | CNBC
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IBM announced Monday that it is acquiring data streaming platform Confluent in a deal worth $11 billion. IBM CEO Arvind Krishna said Confluent will be part of its software unit. “Data, and especially real-time data, is incredibly important to how an enterprise functions,” Krishna told CNBC. “Confluent has the most capable technology to unlock the real-time value of data,” he said. Read more: cnb.cx/4aIDdnc | CNBC
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IBM announced it will acquire Confluent in a $11 billion all-cash deal, paying $31 per share for the real-time data streaming company. | cheddar news
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