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Topline ibm announced it would buy data streaming firm confluent for $11 billion, the companies said in a statement on monday morning, marking a major acquisition as the legacy tech company pushes. Ibm will pay $31 per share in cash for all of. Ibm has announced it's acquiring data streaming platform confluent in an $11 billion deal

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The companies have signed a definitive agreement for ibm to buy all of confluent's common stock at $31 per share in cash. The addition of confluence will strengthen ibm's artificial intelligence portfolio Confluent team, i’m excited to share that a few moments ago, we announced that confluent has signed an agreement to be acquired by ibm in an all cash deal for $31.00 per share

Later this morning, december 8, at 9 a.m

Pt and again in the evening at 7 p.m Pt, we will have a company all hands meeting. The deal marks a significant moment for ibm, which said confluent was a “natural fit” that would aid its expansion into cloud and wider ai solutions. Ibm said it is acquiring confluent in a deal worth $11 billion