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Confluent to Acquire Immerok - TechInvest Magazine Online

Written by Staff Writers | Jan 10, 2023 12:51:01 PM

Confluent today announced that it has signed an agreement to acquire Immerok, a contributor to Apache Flink, a technology for building stream processing applications. Immerok has developed a cloud-native, fully managed Flink service for customers looking to process data streams at a large scale and to deliver real-time analytical insight.

Immerok leadership includes multiple Flink Project Management Committee members and Committers for the open-source technology. Immerok’s investors have included Cusp Capital, 468 Capital and Cortical Ventures.

With Immerok, Confluent plans to accelerate the launch of a fully managed Flink offering that is compatible with its managed Kafka service, Confluent Cloud. Thanks to Flink, Kafka Streams, and ksqlDB offerings available natively on Confluent, customers are expected to soon have access to the three leading stream processing tools designed specifically to process and enrich data in real time.

“Stream processing plays a particularly critical role in data streaming,” said Jay Kreps, co-founder and CEO, Confluent. “Stream processing enables organisations to clean and enrich data streams to derive actionable insights from their data in real time. Our planned acquisition of Immerok will accelerate our ability to bring one of the most popular and powerful stream processing engines directly into Confluent. Soon, customers will be able to leverage the power of Apache Flink natively in Confluent to quickly and easily build the real time applications that are required to win.”

Flink is the third highest repo by commits, and supports mission-critical use cases at innovative companies like Uber, Apple, Netflix, and Goldman Sachs.

“I’m deeply excited about the opportunity to combine our deep Flink expertise with the world’s foremost Kafka experts,” said Holger Temme, co-founder and CEO, Immerok. “Together, we can deliver a cloud-native data streaming platform that gives customers the combined power of the best of the stream processing layer, with the best of the data movement and storage layer, so they can unlock new insights from data in real time.” Confluent’s initial focus will be to build an exceptional Apache Flink service for Confluent Cloud, bringing a cloud-native experience that delivers the same simplicity, security and scalability for Flink that customers have come to expect from Confluent for Kafka