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TechRadar

Craig Hale

YOU WONT BELIEVE: Ibm looks to secure data infrastructure with 11bn bid for confluent - You Need To See This

IBM Confluent TechRadar

Confluent is being acquired by IBM for $11 billion in cash ($31 per share)
IBM wants to expand its cloud, data, and AI infrastructure offerings
Confluent’s total addressable market and revenue has risen sharply

IBM has confirmed plans to buy data streaming company Confluent in an $11 billion deal – the equivalent of $31 per share.

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