IBM’s latest acquisition reflects broader industry appetite for data companies.A sign marks the entrance to IBM Corporate Headquarters in Armonk, N.Y. Stan Honda/AFP via Getty Images12/8/2025|Updated: 12/8/2025IBM said on Dec. 8 that it will purchase real-time data-streaming platform Confluent in an all-cash deal worth $11 billion.The new agreement will see IBM purchasing all issued and outstanding common shares of Confluent for $31 per share in cash, with the transaction expected to close by mid-2026.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles
-5.8
C
Ottawa
Friday, March 13, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS