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IBM to Acquire Confluent to Create Smart Data Platform for Enterprise Generative AI
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IBM to Acquire Confluent to Create Smart Data Platform for Enterprise Generative AI
Summary: $11B acquisition to deliver end-to-end data platform for businesses to connect, process and govern data for applications and AI agents Transaction expected to be accretive to adjusted EBITDA within the first full year, and free cash flow in year two, post close IBM and Confluent Inc., a data streaming pioneer, announced they have entered into […] The post IBM to Acquire Confluent to Create Smart Data Platform for Enterprise Generative A…
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