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Confluent Announces Intent To Acquire Immerok To Accelerate The Development Of A Cloud Native Apache Flink Offering

PRIVATEJan 06, 2023

Acquiring Company

Confluent

Acquired Company

Immerok

Mountain ViewNew YorkInformation TechnologySoftwareAnalyticsinformation technology & servicesSoftwareEnterprise SoftwareAnalyticsSaaS

Description

Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced that it has signed a definitive agreement to acquire Immerok. Immerok is a leading contributor to Apache Flink, a powerful technology for building stream processing applications and one of the most popular Apache open source projects. Immerok has developed a cloud-native, fully managed Flink service for customers looking to process data streams at a large scale and to deliver real-time analytical insight. Immerok leadership includes multiple Flink Project Management Committee members and Committers for the open-source technology, and would add extensive stream processing expertise to the Confluent team upon the closing of the transaction. Immerok’s investors have included Cusp Capital, 468 Capital and Cortical Ventures.

Quick answer

Confluent is acquiring Immerok, announced January 6, 2023. Confluent is based in Mountain View, California, United States.

How much did Confluent pay for Immerok?
The deal value was not disclosed.
What does Confluent do?
Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion.
Where are Confluent and Immerok based?
Confluent is based in Mountain View, California, United States. Immerok is based in New York, United States.
Who are the decision-makers at Confluent?
Fundz holds 3 contacts at Confluent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Confluent

Location

101 UNIVERSITY AVENUE

Mountain View, California, United States

About

Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion. Confluent’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. With Confluent, organizations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations. To learn more, please visit www.confluent.io. Confluent and associated marks are trademarks or registered trademarks of Confluent, Inc. Apache®, Apache Kafka® and Apache Flink® are either registered trademarks or trademarks of the Apache Software Foundation in the United States and/or other countries. No endorsement by the Apache Software Foundation is implied by the use of these marks. All other trademarks are the property of their respective owners.

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Frequently asked

Who acquired Immerok?

Immerok was acquired by Confluent, based in Mountain View. The deal was reported on January 6, 2023. Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion. Confluent is privately held and operates in Information Technology.

When did Confluent acquire Immerok?

Confluent's acquisition of Immerok was reported on January 6, 2023. Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced that it has signed a definitive agreement to acquire Immerok. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Immerok do?

Immerok is a leading contributor to Apache Flink®, building a new, fully managed Apache Flink cloud service for real-time stream processing apps at any scale. It is privately held, operating in Software, and is based in New York.

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