M&A Deal Summary

Confluent Acquires WarpStream

On September 9, 2024, Confluent acquired software company WarpStream

Acquisition Highlights
  • This is Confluent’s 1st transaction in the Software sector.
  • This is Confluent’s 1st transaction in the United States.

M&A Deal Summary

Date 2024-09-09
Target WarpStream
Sector Software
Buyer(s) Confluent
Deal Type Add-on Acquisition
Advisor(s) Wilson Sonsini Goodrich & Rosati (Legal)

Target

WarpStream

United States
WarpStream is a Kafka compatible data streaming platform built directly on top of object storage: no inter-AZ networking costs, no disks to manage, and infinitely scalable, all within your VPC.

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Buyer(S) 1

Buyer

Confluent

Mountain View, California, United States

Category Company
Founded 2014
Sector Information Technology
Employees3,060
Revenue 964M USD (2024)
DESCRIPTION

Confluent is a data streaming platform that pioneers a fundamentally new category of data infrastructure that sets data in motion. The company's cloud-native offering is the foundational platform for data in motion designed to be the intelligent connective tissue enabling real-time data, from multiple sources, to constantly stream across the organization. It helps organizations to meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations. Confluent was founded in 2014 and is based in Mountain View, California.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-06 Immerok

Berlin, Germany

Immerok is a contributor to Apache Flink, a powerful technology for building stream processing applications and one of the most popular Apache open-source projects. The company has developed a cloud-native, fully managed Flink service for customers looking to process data streams at a large scale and delivers real-time analytical insight. Immerok was formed in 2022 and is based in Berlin, Germany.

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