The post IBM Buys Confluent For $11 Billion—A Major AI Move appeared on BitcoinEthereumNews.com. Topline IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand its AI business. The legacy tech giant said it will use the data streaming platform Confluent to expand its generative and agentic AI businesses. CFOTO/Future Publishing via Getty Images Key Facts IBM will purchase all of Confluent’s outstanding common stock for $31 per share in a deal valued at $11 billion. Confluent is a data streaming firm—a company that provides a platform to move data from cloud servers and data centers in real time for use by AI agents. Confluent will allow IBM to “deploy generative and agentic AI better and faster,” IBM’s chairman and CEO Arvind Krishna said in a statement on Monday, allowing IBM to provide a “smart data platform” for clients. IBM expects the deal will close by mid-2026. Confluent’s stock price rose 28.4% when markets opened on Monday after the deal was announced, while IBM’s rose about 1.7%. Key Background IBM is one of the legacy tech companies responsible for some of the most significant advancements in computing in the 20th century, and has been making moves to expand its AI and cloud business in the last few years. IBM closed a deal to acquire cloud provider Red Hat in 2019 for $34 billion, and finalized another to purchase cloud computing firm HashiCorp for $6.4 billion in February. IBM joins other big tech companies, including the members of the “Magnificent Seven” like Nvidia, Oracle and OpenAI, in striking major deals intended to expand their AI businesses. Read More Source: https://www.forbes.com/sites/zacharyfolk/2025/12/08/ibm-buys-confluent-for-11-billion-deal/The post IBM Buys Confluent For $11 Billion—A Major AI Move appeared on BitcoinEthereumNews.com. Topline IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand its AI business. The legacy tech giant said it will use the data streaming platform Confluent to expand its generative and agentic AI businesses. CFOTO/Future Publishing via Getty Images Key Facts IBM will purchase all of Confluent’s outstanding common stock for $31 per share in a deal valued at $11 billion. Confluent is a data streaming firm—a company that provides a platform to move data from cloud servers and data centers in real time for use by AI agents. Confluent will allow IBM to “deploy generative and agentic AI better and faster,” IBM’s chairman and CEO Arvind Krishna said in a statement on Monday, allowing IBM to provide a “smart data platform” for clients. IBM expects the deal will close by mid-2026. Confluent’s stock price rose 28.4% when markets opened on Monday after the deal was announced, while IBM’s rose about 1.7%. Key Background IBM is one of the legacy tech companies responsible for some of the most significant advancements in computing in the 20th century, and has been making moves to expand its AI and cloud business in the last few years. IBM closed a deal to acquire cloud provider Red Hat in 2019 for $34 billion, and finalized another to purchase cloud computing firm HashiCorp for $6.4 billion in February. IBM joins other big tech companies, including the members of the “Magnificent Seven” like Nvidia, Oracle and OpenAI, in striking major deals intended to expand their AI businesses. Read More Source: https://www.forbes.com/sites/zacharyfolk/2025/12/08/ibm-buys-confluent-for-11-billion-deal/

IBM Buys Confluent For $11 Billion—A Major AI Move

Topline

IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand its AI business.

The legacy tech giant said it will use the data streaming platform Confluent to expand its generative and agentic AI businesses.

CFOTO/Future Publishing via Getty Images

Key Facts

IBM will purchase all of Confluent’s outstanding common stock for $31 per share in a deal valued at $11 billion.

Confluent is a data streaming firm—a company that provides a platform to move data from cloud servers and data centers in real time for use by AI agents.

Confluent will allow IBM to “deploy generative and agentic AI better and faster,” IBM’s chairman and CEO Arvind Krishna said in a statement on Monday, allowing IBM to provide a “smart data platform” for clients.

IBM expects the deal will close by mid-2026.

Confluent’s stock price rose 28.4% when markets opened on Monday after the deal was announced, while IBM’s rose about 1.7%.

Key Background

IBM is one of the legacy tech companies responsible for some of the most significant advancements in computing in the 20th century, and has been making moves to expand its AI and cloud business in the last few years. IBM closed a deal to acquire cloud provider Red Hat in 2019 for $34 billion, and finalized another to purchase cloud computing firm HashiCorp for $6.4 billion in February. IBM joins other big tech companies, including the members of the “Magnificent Seven” like Nvidia, Oracle and OpenAI, in striking major deals intended to expand their AI businesses.

Read More

Source: https://www.forbes.com/sites/zacharyfolk/2025/12/08/ibm-buys-confluent-for-11-billion-deal/

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