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Get latest articles and stories on Business at LatestLY. US-headquartered Confluent, Inc., the data streaming pioneer, today announced that it has signed a definitive agreement to acquire Immerok. Immerok is a leading contributor to Apache Flink, a powerful technology for building stream processing applications and one of the most popular Apache open-source projects. 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, and would add extensive stream processing expertise to the Confluent team upon the closing of the transaction. Immerok s investors have included Cusp Capital, 468 Capital and Cortical Ventures. Business News | Confluent Announces Intent to Acquire Immerok to Accelerate the Development of a Cloud Native Apache Flink Offering.

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