By Yahoo Finance Video
Publication Date: 2025-12-08 16:51:00
00:00 Host
IBM will buy data streaming platform Confluent for 9.3 billion in a major bet on enterprise software. Now this acquisition builds on a five-year partnership between the two companies. And joining us now is Jay Kps, Confluent co-founder and CEO and Rob Thomas, IBM’s Chief commercial officer and senior vice president of software. Guys, thanks for being here.
00:23 Rob Thomas
Excited to be here.
00:24 Host
Um Rob, I want to start with you because um as you you guys have obviously made a number of large acquisitions over the years. This is on the larger side of them. Um and so how did you decide that now was the right time to look to a company like Confluent and how are you thinking about what it’s going to bring to the operation?
00:47 Rob Thomas
I think we’re at a unique moment in time with everything happening in AI. Our projection is there’s going to be a billion new applications built using generative AI over the next five…
