Confluent explores sale after drawing buyer interest - report

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Confluent (NASDAQ:CFLT [https://seekingalpha.com/symbol/CFLT]) is exploring a sale after drawing buyer interest from private equity firms and other technology companies, _Reuters _reported, citing three people familiar with the matter.

The data streaming platform is working with an investment bank on the process, which is in early stages, but no deal is guaranteed.

Some sources cited in the report [https://www.reuters.com/business/data-streaming-software-maker-confluent-explores-sale-sources-say-2025-10-08/] said while Confluent's (NASDAQ:CFLT [https://seekingalpha.com/symbol/CFLT]) technology is highly sought-after, its stock decline in July made it vulnerable to potential takeover bids.

In July, the company flagged [https://seekingalpha.com/news/4475795-confluent-tumbles-30-percent-as-analysts-point-to-cloud-growth-concerns] losing business from a large AI-native customer, sending its shares down about 33%.

Confluent's (NASDAQ:CFLT [https://seekingalpha.com/symbol/CFLT]) platform enables access to real-time, comprehensive and contextual data to power AI-driven applications and large language models.

CFLT [https://seekingalpha.com/symbol/CFLT] shares ended 2.5% lower on Tuesday, then edged up 1.3% in aftermarket trading.

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