IBM Acquires Confluent for $11B to Power AI Applications
IBM announces $11 billion acquisition of Confluent to create a comprehensive data streaming platform for enterprise AI and real-time applications.
IBM announces $11 billion acquisition of Confluent to create a comprehensive data streaming platform for enterprise AI and real-time applications.
Confluent (CFLT) exceeds Q3 2025 earnings estimates with $0.13 EPS and $298.5M revenue, driven by 24% Confluent Cloud growth. Company raises full-year EPS guidance above consensus.
Data streaming company Confluent is exploring a potential sale after attracting interest from tech firms and private equity. The $7B company specializes in AI data infrastructure.