By Reuters
Publication Date: 2025-12-08 13:07:00
By Arsheeya Bajwa and Milana Vinn
Dec 8 (Reuters) – IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom.
Big Blue, under CEO Arvind Krishna, has doubled down on M&A to beef up its cloud and software business – a high-growth, high-margin area – as customers invest to upgrade their digital infrastructure to house complex artificial intelligence applications.
Mountain View, California-based Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models.
“IBM and Confluent together will enable enterprises to deploy generative and agentic AI better and faster,” Krishna said in a statement.
“With the acquisition of Confluent, IBM will provide the smart data platform for enterprise IT, purpose-built for AI.”
TALKS BEGAN IN SUMMER
The companies began initial talks about the…