The Zhitong Finance App learned that IBM (IBM.US) is in in-depth negotiations to acquire data infrastructure company Confluent (CFLT.US), with a transaction amount of about 11 billion US dollars. The move is aimed at strengthening the “blue giant”'s ability to grasp the growing demand for cloud services.

The Zhitong Finance App learned that IBM (IBM.US) is in in-depth negotiations to acquire data infrastructure company Confluent (CFLT.US), with a transaction amount of about 11 billion US dollars. The move is aimed at strengthening the “blue giant”'s ability to grasp the growing demand for cloud services.