Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per share, valuing Confluent at $11 billion.

IBM to Acquire Two Enterprise Data Integration Platforms From Software AG Your email has been sent The $2.3 billion deal is expected to close in the second quarter of 2024. IBM continues to invest in AI and hybrid cloud with the Dec. 18 announcement of a ...

IBM updated its Storage Scale System 6000 with new software, support for higher-density quad-level cell (QLC) flash, and a new all-flash expansion enclosure, tripling the system’s maximum capacity to 47-petabytes (PBs) per rack.

IBM Corp. delivered third-quarter financial results that surpassed Wall Street’s expectations and raised its guidance, citing tailwinds in artificial intelligence. However, investors were seemingly less than impressed with the company’s software ...

IBM is hoping to help create the next generation of “big data” specialists through a series of partnerships with universities around the world, as well as influence the curriculum. Nine new agreements announced Wednesday involve Georgetown University ...

IBM today took the wraps off a set of work-load optimization tools that it called help for enterprise data centers "run amok." The software package will give admins an improved view of their server landscape across multiple platforms and sites ...

IBM is buying the data-streaming platform Confluent for about $9.3 billion, marking one of its largest takeovers yet and a major bet on the kind of enterprise software that artificial intelligence tools need to perform tasks in real time.