IBM to acquire Confluent for $11B as it seeks to bolster its data offerings
TechCrunch·2025-12-08 22:56

In Brief IBM is buying data infrastructure company Confluent for 11billionincashinabidtobolsteritsdataandautomationproductsasevermorecompaniesmovetheirtechoperationstothecloudanddeployAItechnology.Thetechgiantsaiditwouldoffer11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and deploy AI technology.The tech giant said it would offer 31 for each Confluent share, which is about 50% more than what the smaller company’s shares closed at on Friday, before news of the deal. Confluent offers a platform that helps enterprises manage streams of data in real time, a use case that’s expl ...