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 deploy AI technology. The tech giant said it would offer $31 for each Confluent share, which is about 50% more than […]
IBM to acquire Confluent for $11B as it seeks to bolster its data offerings Read More »
Open source might be the building blocks of the modern software stack, but companies building businesses off the back of open source software face a perennial struggle between keeping their community happy and ensuring that third parties don’t abuse the permissions afforded by the license. Many companies have launched with lofty open source ambitions, only
Open source companies that go proprietary: A timeline Read More »
Streaming data and Kafka specialist Confluent on Monday announced that it has acquired WarpStream, a Kafka-compatible streaming data solution. Confluent plans to use WarpStream’s cloud-native solution to fill out its portfolio by offering a new service (Confluent WarpStream) that can sit in between its fully-managed Confluent Cloud and self-managed Confluent Platform. As Confluent co-founder and
Confluent acquires streaming data startup WarpStream Read More »
