Acquisitions

IBM completed its largest acquisition since Red Hat, buying data streaming company Confluent for $31 per share and delisting it from Nasdaq as it bets on real-time data as the backbone of enterprise AI.

Google completed its all-cash acquisition of cloud security firm Wiz on March 11, clearing regulatory reviews in seven jurisdictions and reshaping the competitive landscape for independent cybersecurity vendors.

Meta has signed a multibillion-dollar deal to lease Google Ironwood TPUs as it diversifies its AI chip procurement beyond Nvidia, while Google targets 10 percent of Nvidia's data center revenue.