The addition of Confluent fits with IBM's deal last year to land cloud software maker HashiCorp for $6.4 billion and the 2023 move to acquire Apptio in a deal worth $4.6 billion. Both of those acquisitions were all-cash deals.

IBM acquired cloud software maker HashiCorp for $6.4 billion in 2024 and Apptio in a deal worth $4.6 billion in 2023. IBM says the deal builds on those investments. Shares of Confluent soared 29% while IBM stock climbed about 1% upon the news, according to CNBC.

Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska May 3, 2015. REUTERS/Rick Wilking REUTERS - Warren Buffett said he has sold about one-third of Berkshire Hathaway Inc's big stake in IBM Corp ...

RESEARCH TRIANGLE PARK – IBM (NYSE: IBM) shares are on the rise after receiving a big boost from RBC Capital Markets – and CNBC’s Jim Cramer says Big Blue shares are “off to the races.” “RBC Capital Markets initiated coverage on company shares ...

Following is the unofficial transcript of a CNBC EXCLUSIVE interview with IBM Chairman & CEO Virginia Rometty today on CNBC's "Squawk on the Street" (M-F, 9AM-11AM ET). Video from the interview is available on CNBC.com. All references must be sourced to CNBC. SARA EISEN: TOP STORY TODAY, IBM FALLING SHARPLY WEIGHING ON THE DOW.

Reports surfaced on Monday suggesting that IBM IBM is planning a massive reorganization involving 26 percent of its workforce was questioned by CNBC's Jon Fortt. According to Forbes's Robert X. Cringely, nearly one in four IBM employees will soon find out ...

RESEARCH TRIANGLE PARK – CNBC’s Jim Cramer of “Mad Money” fame says be careful when considering investing in IBM stock even after Big Blue’s Street-beating quarter and an increase in financial guidance. “Even after IBM’s nearly 5% rally today ...