Confluent buys Berlin-based start-up Immerok

The US company apparently paid more than 100 million US dollars for the takeover.
News by Janina Gerhardt Janina Gerhardt · Stuttgart, 09. January 2023

The US company has apparently paid more than 100 million US dollars for the takeover.

The US company Confluent is buying the Berlin start-up Immerok. According to information from Finance Forward the takeover cost more than 100 million US dollars. The companies themselves had agreed not to disclose the purchase price.

The start-up, which was only founded in 2022 by Holger Temme, Konstantin Knauf and Johannes Moser, is active in the field of data streaming. Data streaming enables companies to connect their various applications, data systems and SaaS levels in real time. By having an up-to-date view of data, companies can improve workflows and create more automation. "The planned acquisition of Immerok will allow us to integrate one of the most popular and powerful stream processing engines directly into Confluent," says Jay Kreps, co-founder and CEO of Confluent.

Immerok co-founder Temme is also looking forward to the collaboration. "Together, we can provide a cloud-native data streaming platform that combines the best of the stream processing layer with the best of the data movement and storage layer, enabling customers to gain new insights from data in real time," says Temme.


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