Announced
Completed
Financials
Sources
Tags
Majority
Completed
Software
software development
GraphQL server
United States
Private
Single Bidder
Acquisition
Domestic
Friendly
Synopsis
IBM, an American multinational technology corporation, completed the acquisition of StepZen, a distinct GraphQL server. Financial terms were not disclosed. The rising adoption of hybrid cloud has resulted in data stored everywhere – in different types of data stores likes data warehouses, lakes, and lakehouses as well as across different clouds and on-premises environments. APIs serve as the essential connector between different data sources and applications, which means that businesses are relying on and creating more APIs than ever before to get the data they need to power their applications and experiences.
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