IBM acquiring Confluent in $11 billion all-cash deal

Tech

IBM acquiring Confluent in $11 billion all-cash deal

Published Mon, Dec 8 2025

8:00 AM EST

Updated 2 Min Ago

thumbnailChris Eudaily@chrisudailyWATCH LIVE

Key Points

  • IBM said it is acquiring Confluent in a deal worth $11 billion.
  • IBM will pay $31 per share in cash for all of the issued and outstanding common shares of the company.

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IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025.

Andy Wenstrand | Sxsw Conference & Festivals | Getty Images

IBM announced Monday that it is acquiring data streaming platform Confluent in a deal worth $11 billion.

Shares of Confluent soared 26% premarket. IBM stock sank about 1%.

IBM will pay $31 per share in cash for all of the issued and outstanding common shares of Confluent, according to a release. The transaction is expected to close by the middle of 2026.

"With the acquisition of Confluent, IBM will provide the smart data platform for enterprise IT, purpose-built for AI," IBM CEO Arvind Krishna said in a release.

IBM said the deal will bolster its artificial intelligence offerings as it expects global data growth to more than double by 2028.

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