By Reuters
Publication Date: 2025-12-08 03:11:00
Dec 7 (Reuters) – IBM is in advanced talks to acquire data infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
The deal could be announced as soon as Monday, according to the report.
Confluent has a market capitalization of about $8.09 billion, as per LSEG-compiled data.
Reuters could not immediately verify the report.
Confluent and IBM did not immediately respond to a Reuters request for comment outside normal business hours.
(Reporting by Preetika Parashuraman in Bengaluru; Editing by Sonia Cheema and Sherry Jacob-Phillips)
