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Jay Kreps

Jay Kreps

Co‑founder and Chief Executive Officer, Confluent

Appears in 1 story

Notable Quotes

“With our differentiated and complete data streaming platform and strong partner ecosystem, we are well positioned to capture a meaningful share of the $100 billion plus data streaming market.” ([crn.com](https://www.crn.com/news/software/2025/confluent-explores-sale-amid-data-s-growing-importance-in-ai-era-report?utm_source=openai))

Stories

IBM’s $11 billion Confluent bet: owning the data arteries of enterprise AI

Money Moves

Leading Confluent into IBM acquisition and integration

IBM has agreed to acquire Confluent, the data‑streaming company built around Apache Kafka, in an all‑cash deal for about $11 billion, or $31 per share, a roughly 34% premium to its last close. IBM says Confluent's real‑time event streaming and governance capabilities will anchor a new "smart data platform" that connects, cleans, and orchestrates data across hybrid clouds for generative and agentic AI applications. The deal positions IBM as both an AI model provider and the owner of the data plumbing that makes enterprise AI work.

Updated 6 days ago