IBM to Acquire Confluent

Confluent has announced a definitive agreement to be acquired by IBM in an all-cash deal valued at $31.00 per share, with the transaction expected to close by mid-2026 subject to customary conditions and regulatory approvals. Post-acquisition, Confluent will continue operating as a distinct brand within IBM, aiming to enhance data streaming capabilities and accelerate the adoption of AI-powered operations. Confluent CEO Jay Kreps expressed optimism about the merger, highlighting shared values and goals with IBM, and underscoring the ongoing commitment to maintaining Confluent's mission and operational priorities until the deal's finalization. The acquisition is seen as an opportunity for Confluent to expand its data infrastructure capabilities more broadly, leveraging IBM's experience in working with large-scale hybrid enterprises and supporting open-source initiatives.