SAP's acquisition spree signals the enterprise giant is serious about becoming an AI-ready data platform

THE DECODER / 5/5/2026

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Key Points

  • SAP is acquiring Dremio, an open data lakehouse provider, to broaden and strengthen its data platform capabilities.
  • SAP is also acquiring Prior Labs, an AI-focused company, to accelerate its efforts to become “AI-ready.”
  • The acquisitions are positioned as part of a larger strategy to support enterprise data management for AI use cases.
  • By combining data platform technology with AI expertise, SAP aims to make it easier for organizations to operationalize analytics and AI on their data.

SAP is acquiring open data lakehouse provider Dremio and AI company Prior Labs to expand its data platform.

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