I
IBM
Acquirer counsel
Paul, Weiss
Steven J. WilliamsPartner
Dotun ObadinaPartner
Lara SolomonsPartner
10 lawyers involved
Rainmaker
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Paul, Weiss advises IBM on $11 billion acquisition of Confluent, Inc.
Deal Overview
- Value
- $11bn
- Deal type
- M&A
- Structure
- Data in progress
- Status
- Data in progress
Advisors
ACQUIRER
Paul, Weiss Overview
- IBM is a technology company focused on hybrid cloud, artificial intelligence and consulting services, positioning the buyer around helping clients use data insights, streamline processes and reduce costs.
- IBM agreed to acquire all of Confluent's issued and outstanding common shares for US$31 per share in an all-cash transaction valued at an enterprise value of US$11 billion, funded with cash on hand.
- The deal is expected to close by the middle of 2026 and is intended to strengthen IBM's data and automation portfolio while enabling end-to-end integration of applications, analytics, data systems and AI agents in hybrid cloud environments.
C
Confluent, Inc.
Seller counsel
Seller counsel not yet recorded