By Zachary Folk
Publication Date: 2025-12-08 14:15:00
Topline
IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand its AI business.
The legacy tech giant said it will use the data streaming platform Confluent to expand its generative and agentic AI businesses.
CFOTO/Future Publishing via Getty Images
Key Facts
IBM will purchase all of Confluent’s outstanding common stock for $31 per share in a deal valued at $11 billion.
Confluent is a data streaming firm—a company that provides a platform to move data from cloud servers and data centers in real time for use by AI agents.
Confluent will allow IBM to “deploy generative and agentic AI better and faster,” IBM’s chairman and CEO Arvind Krishna said in a statement on Monday, allowing IBM to provide a “smart data platform” for clients.
IBM expects the deal will close by mid-2026.
Confluent’s stock price rose 28.4% when markets opened on…
