Tag: Acquires
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IBM Acquires Confluent to Enhance AI Data Processing Capabilities
IBM CEO Arvind Krishna pictured in October during a Diwali celebration in the Oval Office of the White House in Washington, D.C. “With the acquisition of Confluent, IBM will provide the smart data platform for enterprise IT, purpose-built for AI,” Krishna said Monday. Photo by Allison Robbert/UPI | License Photo Dec. 8 (UPI) — IBM…
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IBM Acquires Confluent for $11 Billion to Accelerate AI Through Data Streaming
IBM on Monday announced a major acquisition to strengthen its artificial intelligence capabilities, agreeing to buy data streaming platform Confluent in a cash deal valued at $11 billion.The US technology major said it has signed a definitive agreement to acquire all issued and outstanding common stock of Confluent Inc. for $31 per share in cash,…
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IBM Acquires Confluent for $11 Billion to Enhance AI Capabilities
Published on 08/12/2025 – 15:13 GMT+1 •Updated 15:15 International Business Machines Corporation (IBM) is buying data-streaming platform Confluent in a bid to bolster its AI offerings. The deal, worth $11 billion (€9.44bn) in total, will see IBM pay $31 per share in cash, a premium of around 34% on Confluent’s Friday closing price. The transaction…
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Meta Acquires Limitless: Innovating AI-Driven Recording Technology
Meta’s Limitless acqusition shows that the company is planning a family of AI-hardware devices beyond the Ray-Ban smart glasses New Delhi Meta has acquired Limitless, the AI startup responsible for a clip-on, pendant-style wearable that can record conversations and generate AI-powered summaries. The acquisition was confirmed by Limitless CEO Dan Siroker in a corporate blog…
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Jason Momoa Acquires Iconic Lost Beach Boys Dumble
Jason Momoa can officially stop looking for a new guitar amp because he is never going to top the pedigree unicorn that Trevor Boone has just unearthed for him – a Dumble Overdrive Special that was commissioned for the Beach Boys, housed in a Beach Boys road case. Boone, of Emerald City Guitars, says it…
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Iran Acquires Advanced U.S. GBU Bomb Technology, Report Indicates
TEHRAN – Lebanese media have reported that Hezbollah, the Lebanese Resistance movement, has provided its ally Iran with images and components of the advanced U.S.-made GBU-39B bomb. Following the assassination last month of senior Hezbollah commander Haytham Ali Tabatabai by the Israeli regime, a GBU-39 smart, small-diameter bomb reportedly failed to explode. Hezbollah’s security unit…
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Meta Acquires Limitless: Advancing AI-Enhanced Wearable Technology
Meta has acquired AI-wearables startup Limitless, maker of a pendant-style device that records and transcribes real-world conversations, as the social media giant doubles down on efforts to build AI-enabled consumer hardware. “Meta recently announced a new vision to bring personal superintelligence to everyone and a key part of that vision is building incredible AI-enabled wearables.…
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Netflix Acquires Warner Bros. Studio and Streaming Business for $72 Billion
NEW YORK : Netflix has struck a deal with Warner Bros. Discovery, the legacy Hollywood giant behind “Harry Potter” and “Friends,” to buy its studio and streaming business for $72 billion. The acquisition would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape. Beyond…
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Meta Acquires AI Wearables Startup Limitless to Enhance Smart Device Strategy
Tech Desk 06 December 2025, 07:56 AM IST Meta buys Limitless, an AI wearable pendant startup, to boost its smart device and AI ambitions. Learn how this acquisition shapes the future of AI-enabled wearables Representational image | Photo: Getty Images San Francisco (United States): Meta on Friday confirmed it is buying Limitless, a US startup…