Reported about 23 hours ago
Confluent, a leading data streaming software company, is exploring a potential sale after receiving acquisition interest from private equity firms and technology companies. With a market capitalization of around $7 billion, Confluent's stock has seen a decline of 26% this year, prompting the exploration of offers, particularly following a recent loss from a major customer. While the sale process is in the early stages and the discussions remain confidential, it's uncertain whether a deal will be reached or if Confluent will continue independently.
Source: YAHOO