Key facts: IBM to Acquire Confluent for $11B; Partners with Riyadh Air; Ranked No. 8 in Management
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- IBM is acquiring Confluent for $11 billion, or $31 per share, a 34% premium. The deal aims to boost IBM's cloud and AI capabilities, expected to enhance earnings and cash flow.123
- IBM partners with Riyadh Air to create the first AI-native airline, using the watsonx Orchestrate platform to enhance operations and improve experiences ahead of its 2026 launch.45
- IBM has been ranked No. 8 in the annual Management Top 250 list by the Drucker Institute, which evaluates 668 companies based on management principles, highlighting its advancements in innovation.6