Confluent buys Berlin-based start-up Immerok

The U.S. company apparently paid more than $100 million for the acquisition.

U.S.-based Confluent is buying Berlin-based startup Immerok. According to information from Finance Forward the acquisition cost more than $100 million. The companies themselves had agreed not to disclose the purchase price.

The startup, founded as recently as 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 tiers in real time. By having an up-to-date view of data, companies can improve workflows and create more automation. "The proposed acquisition of Immerok allows us to integrate one of the most popular and powerful stream processing engines directly into Confluent," said Jay Kreps, co-founder and CEO of Confluent.

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