Financial Times: IBM extends AI push with $11bn takeover of Confluent

David O’Hara, managing director at MKI Global Partners, said: “Confluent sits naturally inside IBM’s software segment alongside Red Hat and HashiCorp, and fills a clear gap.”

Given the competition from rivals including Azure, Google and AWS, he expected regulators to see the deal as IBM bulking up rather than as a “move to monopolise data streaming”.

Published by and image courtesy of Financial Times