Zheng Quan Shi Bao Wang·2025-12-09 00:50Core Viewpoint - IBM is acquiring data streaming platform Confluent for approximately $11 billion in cash, paying $31 per share, with the transaction expected to be completed by mid-2026 [1] Group 1: Acquisition Details - The acquisition aims to enhance IBM's artificial intelligence products in response to the anticipated doubling of global data by 2028 and the acceleration of AI agents by 2026 [1] - Confluent's technology is seen as crucial for unlocking real-time data value, which is essential for enterprise functionality according to IBM's CEO Arvind Krishna [1] Group 2: Strategic Alignment - This acquisition aligns with IBM's previous strategic moves, including the $6.4 billion acquisition of cloud software maker HashiCorp last year and the $4.6 billion acquisition of Apptio in 2023, both of which were also all-cash transactions [1]