IBM closes its $11B deal for data streaming company Confluent; IBM CEO Arvind Krishna says he expects IBM will maintain or grow its head count over five years
Deal will help companies access their data for AI agents, says IBM CEO Arvind Krishna, as he brushes off AI's risk to IBM's business
Sources: Alphabet plans to sell a rare 100-year sterling bond, as it steps up borrowing to fund its capex growth; IBM sold a 100-year bond back in 1996
Financial Times:
IBM agrees to acquire data streaming software maker Confluent for ~$11B in cash, above its ~$8B market value as of its December 5 close, paying $31 per share
Confluent shares surged more than 25% in premarket trading Monday, while IBM's fell slightly.
IBM says it has completed its $6.4B HashiCorp acquisition, confirming that the US FTC quietly cleared the deal just before the UK CMA's approval on February 25
I wonder if they want to finally merge Terraform and Ansible. — That would be a Terrible idea. X: @hashicorp : HashiCorp is now an IBM company! 🎉 Our products — Terraform, Vault, and the rest — are ...
IBM plans to acquire DataStax and its cloud database development platform to expand IBM's Watsonx AI portfolio; Crunchbase says DataStax has raised $342.6M
IBM has announced plans to acquire DataStax, the company behind Langflow! 🎉 — A huge thank you to our incredible developer community …
Palo Alto Networks says it closed a $500M deal to buy IBM's QRadar cloud security software assets, and plans to migrate customers to Palo Alto's Cortex XSIAM
Katrina Manson / Bloomberg :
Filing: HashiCorp says the company and IBM both received a request from the US FTC for more information on IBM's proposed $6.4B takeover of the software maker
Both companies received a so-called second request seeking additional information on the deal from the antitrust agency late last week … Bluesky: @marypcbuk.bsky.social . X: @quinnypig Bluesky: Mary B...
Palo Alto Networks is buying IBM's QRadar cloud security software assets and moving customers to its own platform; IBM will adopt Palo Alto products internally
Palo Alto Networks is buying cloud security software assets from IBM as part of a broader partnership that will give …
IBM plans to expand its semiconductor packaging and testing plant in Bromont, Quebec, with more than CA$1B in investments over the next five years
Mathieu Dion / Bloomberg :
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024
IBM will pay $35 a share for the cloud-software company in cash, giving it access to HashiCorp's roster of some 4,400 clients