In other news: IBM acquires Confluent at ~11X Annual Revenue

Apparently the Confluent Cloud is not a Cluster*fook

Confluent's cloud revenue was a primary driver of growth in 2025, with Q3 2025 cloud revenue reaching $161 million, a 24% increase year-over-year.

Confluent reported its Q3 2025 earnings in October 2025, where total revenue surpassed Wall Street expectations.

The company was recently announced to be acquired by IBM in an $11 billion deal, a transaction expected to close by mid-2026.

Confluent's annual revenue for the trailing twelve months ending September 30, 2025, was $1.113 billion, a 21.58% increase year-over-year.
More detailed financial data is available through Confluent's investor relations website.

Confluent 2025 Revenue Breakdown
Fiscal Period Total Revenue Subscription Revenue
Q1 2025 $271.1 million $261.0 million
Q2 2025 $282.3 million $271.0 million
Q3 2025 $298.5 million $286.3 million
Q4 2025 Outlook N/A $295.5 - $296.5 million
FY 2025 (Total) ~$1.16 billion $1.1135 - $1.1145 billion

#Acquisition #Revenue #Earnings #News #Tech

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"Confluent, like Databricks, is built on an Open Source foundation. They add their value on top."

That is an summation. That foundational difference explains why SAS is still for sale and likely will remain so until JG passes.

IBM tried to buy SAS several times, back in the day. But they never offered a good price. They finally bought SPSS instead.

This is a good price, and an all-cash deal. IBM apparently considers Confluent a strategic fit. They may have offered 10X to discourage other bidders.

Confluent, like Databricks, is built on an Open Source foundation. They add their value on top.

@a7

Kinda shows the challenges such a sale will face.

It’s doubtful there will be a sale. This is a charitable foundation doing business as a software company.

Explain how this might relate to the sale of SAS. Thanks.

… just under 10x but what’s a few $million among friends 😀

Thread regarding SAS Institute layoffs

In other news: IBM acquires Confluent at ~11X Annual Revenue

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