IBM to Acquire Confluent for $11 Billion

IBM announced it will acquire Confluent in a $11 billion all-cash deal, paying $31 per share for the real-time data streaming company.

Transcript

00:00IBM announced it will acquire Confluent in an $11 billion all-cash deal, paying $31 a share for the real-time data streaming company.

00:09Confluent's platform specializes in connecting and governing data across systems,

00:14a capability IBM says will accelerate clients' ability to deploy AI systems.

00:19IBM's CEO emphasized that the acquisition would help manage data spread across cloud and on-premise environments

00:25by improving trusted communication and data flow.

00:29The deal, which requires shareholder and regulatory approval, is expected to close in mid-2026,

00:36with Confluent shares jumping 29% in pre-market trading following the announcement.