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IBM surpassed consensus on the top and bottom lines, with 9% revenue growth. The company reiterated full-year guidance. The hardware, software and infrastructure provider bought data streaming ...
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On March 17, IBM completed its acquisition of Confluent, Inc., the data streaming platform used by more than 6,500 enterprises — including 40% of the Fortune 500 — to power real-time operations. Under ...
International Business Machines said Tuesday it closed its roughly $11 billion acquisition of the data-streaming company Confluent. The deal, first announced in December, is intended to help ...
After IBM stock's recent freefall due to a threat from Anthropic's Claude that could disrupt IBM's mainframe programming language moat, investors may well wonder what to expect from an IBM stock ...
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...
IBM said it is acquiring Confluent in a deal worth $11 billion. The addition of Confluent will strengthen IBM's artificial intelligence portfolio. IBM will pay $31 per share in cash for all of the ...
Editor's take: Normal people are now shelling out hundreds of dollars for modest RAM upgrades, while the companies powering the AI boom are looking forward to even more market hysteria. And despite ...
For decades, IBM could seemingly do no wrong. A 1985 New York Times article titled "The Daunting Power of IBM" reported that the company "of course, has been the No. 1 computer company virtually ever ...
Mainframe computing is having a moment — again. Nearly 60 years after the first IBM System/360 debuted as a mainframe platform, it continues to evolve in ways that defy expectations, powering critical ...