Software AG acquires StreamSets in €524+ million deal

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“This acquisition is a major milestone for Software AG. Its technology and team will further differentiate our hybrid integration offering for customers and fully complement our strategy to deliver sustainable profitable growth,” commented Software AG’s CEO Sanjay Brahmawar. “We are welcoming outstanding colleagues with a track record of innovation and success. Their base in California also extends our presence in North America, and I am incredibly excited at the prospect of working with them to grow our business together.”

On the purchase, StreamSets CEO Girish Pancha commented, “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.”

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