IBM Acquires Confluent for $31 per Share
IBM (IBM) completed its acquisition of Confluent (CFLT). "Transactions happen in milliseconds, and AI decisions need to happen just as fast. With Confluent, we are giving clients the ability to move trusted data continuously across their entire operation so their AI models and agents can act on what is happening right now, not on data that is hours old," said Rob Thomas, Senior Vice President, IBM Software and Chief Commercial Officer. "Together, IBM and Confluent give enterprises the foundation for a new operating model - one where AI runs on live data, drives decisions in real time, and delivers value at scale." Under the terms of the agreement, IBM has acquired all of the issued and outstanding common shares of Confluent for $31 per share in cash, representing an enterprise value of approximately $11 billion.
