IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalise on an AI-driven demand boom. Big Blue, ...
Recently trading at $22.41, Confluent stock has rallied 52% from the new post-IPO low of $14.69 reached on November 2. Shares of Confluent (CFLT) have begun to rebound following a one-day plunge of 42 ...
International Business Machines Corporation (IBM) is buying data-streaming platform Confluent in a bid to bolster its AI offerings. The deal, worth $11 billion (€9.44bn) in total, will see IBM pay $31 ...
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced the pricing of $1.0 billion aggregate principal amount of 0% Convertible Senior ...
Jay Kreps, Jun Rao, and Neha Narkhede initially developed Kafka as an open-source data streaming platform for LinkedIn's messages in 2011. It was also licensed and distributed through the non-profit ...
Reimagined partner program will better enable SIs to drive growth and profitability, while helping customers realize their full potential with data streaming MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- ...
New capabilities remove barriers to production-ready AI applications with agent-powered workflows, automated data protection, and private cloud connectivity Confluent unifies the AI life cycle with ...
Confluent provides a managed platform for real-time data analysis. The company is run by visionary, reputable founders. Confluent could be a buy for diversified, long-term investors. Businesses are ...
Confluent, a leader in data streaming and steward of the open-source Apache Kafka system, recently announced its new "Data Streaming for AI" initiative to aid organizations in developing real-time AI ...
Confluent also discloses investments in two regional systems integration partners who are developing leading-edge data integration and migration expertise and practices. Data streaming tech developer ...
The much-anticipated Confluent IPO marks the latest stock market debut of a big data tech startup, following last year’s blockbuster IPO by data cloud company Snowflake. Shares in “data-in-motion” ...
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