IBM Announces Agreement to Acquire Confluent Data Streaming Platform
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abd12
Front-window bakery material. Catches the eye, delivers the goods.
Summary
IBM has entered into a definitive agreement to acquire Confluent, a data streaming platform company. The acquisition aims to create a unified platform for large enterprises that unlocks data for cloud/microservices, accelerates time-to-value, and builds the real-time data foundation needed to scale AI across organizations. The transaction is pending customary closing conditions and regulatory approvals.
Key quotes
· 4 pulledIBM and Confluent will aim to provide a platform that unifies the world's largest enterprises
unlocking data for cloud/microservices, accelerating time-to-value
building the real-time data foundation required to scale AI across every organization
Confluent has entered into a definitive agreement to be acquired by IBM
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