February 28, 2022
StreamSets today announced an agreement to be acquired by Software AG, the software pioneer of a truly connected world.
StreamSets’ enterprise-grade data integration platform enables customers to move data seamlessly and securely to and from any part of their digital backbone, which is built by Software AG’s Digital Business portfolio across hybrid and multi-cloud environments. This combination enables organizations to better unlock and capture value from data as it moves between on-premises applications, data streams, SaaS applications, legacy data stores and cloud data platforms like Amazon Redshift, Databricks and Snowflake. The combined hybrid iPaaS platform will deliver consolidated, conformed, continuous data to smart applications and the connected enterprise.
StreamSets CEO Girish Pancha: “We’re delighted to be joining the Software AG family and working with Sanjay and team on this next phase of our growth journey. Our products are made for each other, and we see tremendous opportunity in the convergence of application integration and data integration to deliver smart applications. I have been admiring Software AG’s transformation from afar, and together, I believe we will accelerate our growth trajectory by unlocking digital transformation for our customers.”
Sanjay Brahmawar, CEO, Software AG: “We’re very excited by what the future looks like in a world where StreamSets and Software AG are a unified company. I’m looking forward to joining forces with Girish and his team to solve critical problems for our customers and significantly simplify their digital transformation efforts.”
Read more here.