Terms of the acquisition, scheduled to be formally announced Monday, were not disclosed, but an Oblix spokesman said the Cupertino, Calif.-based, company had signed a "binding letter of intent" to ...
Confluent is a terrific "growth at a reasonable price" software stock that has only seen its share price rise ~20% over the past year, despite strong growth. Confluent, founded by creators of ...
What Confluent’s latest numbers tell you about the business Confluent (CFLT) has attracted attention after its recent trading performance, with modest single day and past week share moves but a ...
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IBM strikes $11 billion deal for Confluent. How the acquisition could boost IBM's AI push.
IBMIBM said it will acquire data-infrastructure company ConfluentCFLT for roughly $11 billion. Confluent stock jumped more than 20% while IBM shares were lower in premarket trading Monday. IBM ...
(Reuters) -Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its ...
IBM is consuming data streaming provider Confluent in an $11 billion deal targeted at bolstering Big Blue’s growing software empire. The proposed deal will see IBM acquire Confluent for $31 per share, ...
Confluent, Inc. (CFLT) provides a platform for businesses to unlock insights from their siloed data. All companies have data that's held throughout the organization. But how to unlock their data to ...
Big-data streaming company Confluent Inc. delivered a strong earnings and revenue beat as it posted its first-quarter financial results today, sending its stock higher in late trading. The Mountain ...
Confluent is looking to its systems integrator and cloud platform partners to help win over the more than 100,000 organizations using open-source Kafka software and migrate them to the company’s ...
LONDON--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced new Confluent Cloud capabilities that give customers confidence that their data is trustworthy and ...
Confluent took a roundtrip back to its IPO price over the past two years. It faces tough macro headwinds, but the business is still growing. The company could generate millionaire-making returns -- ...
Confluent’s open-source origin is a double-edged sword. It could benefit from the growth of the machine learning and AI markets. Its insiders bought more shares than they sold over the past 12 months.
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