Trending Now - SAP Expands AI Ambitions With Dremio and Prior Labs Acquisitions

WHO:

Techmeme - SAP, Dremio, Prior Labs, Philipp Herzig (CTO of SAP SE)

SAP News Center - SAP SE (NYSE: SAP), Dremio

WHAT:

Techmeme - SAP announced its acquisition of Dremio, an open data lakehouse provider.

SAP News Center - SAP will invest €1 billion in Prior Labs over four years to create a frontier AI lab.

SAP News Center - The acquisition aims to unify SAP and non-SAP data to enhance analytical and AI workloads.

SAP News Center - The transaction is pending regulatory approval.

SAP News Center - Dremio's platform is designed to eliminate data fragmentation and integration friction.

WHERE:

SAP News Center - The acquisition involves SAP's operations in Walldorf and Austin.

WHEN:

SAP News Center - The transaction is expected to close in Q3 of 2026, subject to customary closing conditions.

WHY:

SAP News Center - Most enterprise AI projects fail due to fragmented data and lack of business context, which Dremio aims to address.

SAP News Center - The acquisition will complement SAP Business Data Cloud and SAP HANA Cloud offerings.

HOW:

SAP News Center - Dremio will enable SAP Business Data Cloud to become an Apache Iceberg-native enterprise lakehouse.

SAP News Center - The Dremio platform is serverless and elastic, automatically scaling based on demand.

(UPDATED May 4, 2026 17:26 UTC)

SAP has announced its acquisition of Dremio, an open data lakehouse provider, with the goal of unifying SAP and non-SAP data to enhance analytical and AI workloads. In addition, SAP plans to invest €1 billion in Prior Labs over the next four years to establish a frontier AI lab, while the transaction is pending regulatory approval and is expected to close in the third quarter of 2026. Dremio's platform aims to eliminate data fragmentation and integration friction, enabling SAP Business Data Cloud to become an Apache Iceberg-native enterprise lakehouse.