Snow Software, a Stockholm, Sweden-based provider of technology intelligence solutions, acquired Embotics, an Ottawa, ON, Canada-based hybrid cloud management company.
The amount of the deal was not disclosed.
This acquisition brings together two market leaders, enabling CIOs to understand and manage their full technology stack from software and hardware to infrastructure and applications, regardless of whether they live on-premises, in the cloud or in a hybrid environment.
The process of integrating Embotics into the Snow platform will begin immediately, and the companies will have a single go-to-market strategy starting in 2020.
Led by Jay Litkey, Founder and President, Embotics offers a platform-neutral cloud management solution providing an easy way to automate provisioning, reduce costs and ensure governance across private, public, hybrid and multicloud environments. Leading enterprises such as Nordstrom, NASA and HBO, and service providers like LG CNS and NTT Data, use Embotics to drive their digital transformation.
Led by Vishal Rao, President and CEO, Snow Software provides more than 4,000 organizations with technology intelligence solutions, providing complete visibility, optimizing usage and spend and minimizing regulatory risk.
FinSMEs
03/12/2019