Why Shares of AI Data Software Company Confluent Are Soaring on Monday

Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per ...
The Next Platform

IBM Broadens Its Enterprise Software Stack With Confluent Buy

This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of ...
Zacks Investment Research on MSN

Can IBM Sustain a Healthy Profit Margin in the Software Segment?

Over the years, International Business Machines Corporation’s IBM Software segment has recorded healthy profit growth backed by a strong focus on product innovation and a growing adoption of its ...
TechRepublic

IBM to Acquire Two Enterprise Data Integration Platforms From Software AG

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 ...
SDxCentral

IBM adds all-flash expansion, higher density to Storage Scale 6000 for AI factories

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 ...
Seeking Alpha

IBM: Software Growth, But I Wait For Share Repurchases

IBM's focus on enterprise solutions misses consumer cloud and AI demand, leading to underperformance compared to competitors like Microsoft, AWS, Google, and Oracle. Recent earnings show software ...