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News  ›  Benzinga

IBM Reportedly Nears $11 Billion Deal To Acquire Confluent, In Big Push Into Real-Time AI Data

Benzinga Logo Benzinga By Namrata Sen
IBM Reportedly Nears $11 Billion Deal To Acquire Confluent, In Big Push Into Real-Time AI Data

IBM is in advanced discussions to acquire Confluent, a data-infrastructure company, for approximately $11 billion, marking a significant strategic move to strengthen its AI and cloud capabilities.

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MRK   neutral

Included as a top holding in the ETF without specific performance commentary


IBM   positive

Expanding AI capabilities, reporting strong revenue growth, and actively pursuing strategic acquisitions to enhance technological positioning