Terms of the acquisition, scheduled to be formally announced Monday, were not disclosed, but an Oblix spokesman said the Cupertino, Calif.-based, company had signed a "binding letter of intent" to ...

IBMIBM said it will acquire data-infrastructure company ConfluentCFLT for roughly $11 billion. Confluent stock jumped more than 20% while IBM shares were lower in premarket trading Monday. IBM ...

IBM is consuming data streaming provider Confluent in an $11 billion deal targeted at bolstering Big Blue’s growing software empire. The proposed deal will see IBM acquire Confluent for $31 per share, ...

(Reuters) -Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its ...

Confluent, Inc. (CFLT) provides a platform for businesses to unlock insights from their siloed data. All companies have data that's held throughout the organization. But how to unlock their data to ...

Software company Confluent (NASDAQ:CFLT) was the most shorted mid-cap U.S. stock in May, according to a monthly report issued Tuesday by data and tech firm Hazeltree. The data streaming platform ...

Confluent is looking to its systems integrator and cloud platform partners to help win over the more than 100,000 organizations using open-source Kafka software and migrate them to the company’s ...

New initiative will expand Confluent’s partnerships and product capabilities to help companies build real-time AI innovations with data streams. Confluent, the data streaming pioneer, has announced ...

Confluent’s open-source origin is a double-edged sword. It could benefit from the growth of the machine learning and AI markets. Its insiders bought more shares than they sold over the past 12 months.

IBM's Q4 Software revenues are likely to have risen on watsonx.ai momentum, AI partnerships and the Confluent acquisition.

Confluent Inc.‘s stock shot up more than 21% in extended trading after the big-data company reported strong fourth-quarter financial results that blew past Wall Street’s projections and followed up ...