ServiceNow is to acquire Berlin-based Swarm64, a specialist in database performance and scale.
Swarm64 was co-founded in 2013 by CEO Thomas Richter with a team focused on one mission: to accelerate PostgreSQL database performance. Swarm64 offers a combination of the analytical and transactional database capabilities that support large-scale, intelligent workflows and enable best-in-class performance and scalability for our customers.
In addition to bringing new database talent to ServiceNow’s engineering ranks, the acquisition of Swarm64 signifies ServiceNow’s latest investment in open source. Swarm64’s open-source-based database technology works extremely well for large-scale datasets, ultimately helping customers obtain the enterprise-wide insights needed to handle high volumes of data transactions and run sophisticated analytics in real time.
Querying more data sources faster is a game changer in our efforts to make the future of business more productive and efficient. We’re thrilled to bring on board an outstanding team of database experts to help us meet the ever-evolving expectations and needs of customers as we set our sights on becoming the defining enterprise company of the 21st century.
ServiceNow expects to complete the acquisition of Swarm64 in Q3 2021.
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