SAP finalized its acquisition of Dremio, an open-source data lakehouse platform.
The companies initially announced the transaction in May 2026.
SAP did not disclose the financial terms of the deal.
The acquisition integrates Dremio’s technology into the SAP Business Data Cloud.
This move transforms the platform into an Apache Iceberg-native lakehouse.
The technology unifies SAP and non-SAP data without requiring complex movement or conversion.
Customers can now prepare fragmented data more effectively for artificial intelligence applications.
The deal positions SAP to compete more directly with rivals Databricks and Snowflake.