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IBM is reportedly nearing an $11 billion deal for Confluent, a company with a market cap of $8.09 billion.
Summary
IBM is reportedly nearing an $11 billion deal to acquire Confluent. Confluent's market capitalization is approximately $8.09 billion, according to LSEG data. This deal, if finalized, would be a significant business development.
Key Points
- IBM is reportedly close to an $11 billion deal.
- The target company is Confluent.
- Confluent's market capitalization is about $8.09 billion.
- The data source for market capitalization is LSEG.
Full Article
Confluent has a market capitalization of about $8.09 billion, as per LSEG-compiled data
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