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IBM sees Confluent acquisition accretive to adjusted EBITDA within first year

The acquisition of Confluent (CFLT) is expected to drive substantial product synergies across IBM‘s (IBM) portfolio – including AI products and services, Automation, Data and Consulting – and accelerate revenue growth by leveraging IBM’s go-to-market reach. The acquisition of Confluent is expected to accelerate IBM’s growth over time. IBM also anticipates that the transaction will be accretive to adjusted EBITDA within the first full year and free cash flow in year two, post close.

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