Confluent rises on report software maker explores sale

Confluent

08/10/2025 09:31

** Shares of data streaming software maker Confluent CFLT.O up 19.2% at $24.72 premarket

** Reuters reports that co is exploring a sale after attracting acquisition interest

** Co is working with an investment bank on the sale process, which is in its early stages and was instigated after both private equity firms and other technology companies expressed their interest to the company in buying it - report

     ** The interest in Confluent highlights a surge in demand for data infrastructure companies, fuelled by the corporate race to develop generative artificial intelligence

** Stock down about 26%, YTD

 (Reporting by Joel Jose in Bengaluru)

 ((Joeljose@thomsonreuters.com;))