By Wall Street Breakfast
Publication Date: 2025-12-08 12:15:00
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IBM will reportedly pay $11B for the data streaming company. (0:15) Lilly, Pfizer, J&J in China’s private insurance catalog. (1:05) White House rolling out $12B in aid for farmers. (2:06)
IBM (IBM) is in advanced negotiations to acquire Confluent (CFLT) — a real-time data infrastructure company — in a deal valued at around $11 billion, according to the Wall Street Journal.
The move would support IBM’s push into hybrid cloud and AI, by integrating Confluent’s real-time data streaming technology into its analytics and enterprise cloud services — giving IBM a stronger position against AWS, Azure, and Google Cloud.
Confluent was founded by the creators of Apache Kafka, the widely used open-source platform for managing streams of real-time data, which are increasingly critical to AI models and enterprise automation.
The company has a market cap…