SAP
SAP is still in acquisition mode
SAP said Monday it will acquire Dremio, a data lakehouse platform, and Prior Labs, a tabular foundation models company. Translation: SAP wants more of the plumbing and AI smarts that help big companies wrangle messy data without making their IT teams cry into their coffee.
Why this matters
This is classic SAP behavior lately: keep bolting on capabilities so its enterprise stack feels less like old-school back office software and more like an AI-native control center. If SAP can stitch these pieces into its cloud and analytics products, it could make its platform stickier — which is corporate-speak for harder to rip out later.
The fine print, because of course there is some
- Financial terms were not disclosed, so don’t go looking for a neat valuation headline here.
- The company didn’t say exactly how the two targets will be folded into the product lineup.
- Still, the message is loud and clear: SAP is betting that data infrastructure plus AI models equals a nicer pitch to enterprise customers.
Big picture
SAP has been sneaking AI into more corners of its business, and deals like this are how that story gets built. The market usually likes a company with a plan — but it likes execution even more, so now the real test is whether these acquisitions turn into revenue, not just slide-deck confetti.