IBM Cloud Computing - Search News

IBM to acquire Confluent for $11B

IBM boosts cloud computing push with $11 billion Confluent deal

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's shares fell more than 2% in premarket trading.

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IBM to buy Confluent in US$11bn deal

The News International · 16h

IBM eyes $11B Confluent acquisition to boost cloud AI

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IBM to acquire Confluent for $11B as it seeks to bolster its data offerings

IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and depl...

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IBM buys data streaming platform Confluent in $11 billion deal

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IBM nears $11 billion Confluent deal to boost cloud push, WSJ reports

Nasdaq

Better Cloud Computing Stock: IBM vs. Alphabet

While tech stocks were hammered in 2022, the cloud computing industry barreled along at an impressive growth rate. According to research firm Gartner, the public cloud sector alone is estimated to grow 20% this year. This amounts to nearly half a trillion ...

CRN

IBM: Cloud Computing Will Cannibalize Other Parts Of The IT Business

IBM expects the adoption of cloud computing to add significant growth to its business over the next five years even as it cannibalizes much of its existing business. Richard Michos, vice president of channel strategy for IBM, told a group of solution ...

ZDNet

IBM splashes out on cloud-computing centre

IBM has announced that it will spend $360m (£182m) on a new cloud datacentre facility in North Carolina, providing another indication that major vendors see cloud computing as the future for mainstream systems. The move, made public on Friday, is the ...

The Financial Express

Meet IBM CEO Arvind Krishna: How an IIT Kanpur graduate rose to lead one of the world’s biggest tech companies

IIT Kanpur graduate Arvind Krishna’s journey from IBM’s research labs to the top job at one of the world’s biggest tech companies highlights his deep technical expertise, strategic vision and decades-long leadership within the organisation.