April 19, 2022
Today, Software AG, the software pioneer of a truly connected world, closed its acquisition of StreamSets.
Girish Pancha, CEO, StreamSets: “At StreamSets, we believe in harnessing change to drive business transformation. With our DataOps Platform, we ensure data engineering teams thrive in a world of constant change. Now, we are thrilled to announce our own change. StreamSets is becoming an autonomous business within Software AG, which will bring additional resources and new opportunities. But our mission remains the same: delivering the industry-leading data integration platform for the modern data stack, so our customers can thrive in an evolving, hybrid world.”
Sanjay Brahmawar, CEO, Software AG: “We are delighted to see this deal close and begin the exciting journey ahead of us. We see tremendous opportunity to aggressively expand our position in the market by helping our customers solve bigger and more mission critical challenges than ever before. We are welcoming outstanding colleagues with a track record of innovation and success to start changing the future of data driven businesses.”
StreamSets’ enterprise-proven 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. The combined hybrid integration platform 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 platform will deliver consolidated, conformed, continuous data to smart applications and the connected enterprise.
Rowan Scranage, Chief Revenue Officer, StreamSets: “We are thrilled to join with Software AG and extend our ability to help our customers thrive in a hybrid, multi-cloud world. At StreamSets, we will remain focused on delivering best-in-class data integration for modern analytics, and we will maintain the high level of service and support that customers currently receive from StreamSets.”