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IBM to acquire Confluent for US$11 billion to expand real-time data and AI capabilities

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

IBM said on December 8 that it has agreed to acquire Confluent in an all-cash deal valuing the data-streaming company at US$11 billion. Under the agreement, IBM will purchase all outstanding Confluent shares for US$31 each, a price approved by both...

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