Montana-based Snowflake today announced an agreement with Mobilize Net to acquire SnowConvert, a suite of tools to help enterprises migrate their databases to the Snowflake data cloud. Financial terms of the deal were not disclosed.
Today, there are many data deduplication solutions for Snowflake, but many do not address the most difficult aspect of data migration – code conversion.
A legacy database can have millions of lines of DDL, BTEQ and thousands of objects. To ensure a successful migration, this code needs to be rebuilt and made equally functional on the other side. It takes a lot of time and effort, and the slightest mistake can cause the migration to fail.
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To address this challenge, Mobilize developed SnowConvert. The toolkit uses advanced automation techniques with built-in analysis and matching to dynamically recreate equivalent code for tables, views, stored procedures, macros and BTEQ files in Snowflake. It can migrate databases from any source data platform (such as Oracle, Teradata or Spark) and instantly reduce the time and effort spent on manual coding. According to Snowflake, the toolkit has already been used to replace more than 1.5 billion lines of code.
How will this acquisition help Snowflake?
By acquiring SnowConvert, Snowflake will expand its professional services footprint in Costa Rica, Colombia and Bellevue. It will provide enterprises with seamless access to the toolkit, making it easier for them to migrate their data and leverage the data cloud.
“One of our key goals at Snowflake is to make it as fast and easy as possible for our customers and partners to unlock value from data. For many organizations, that starts with their legacy. “With efficient migration of databases and applications data to the cloud,” said Ted Bracken, Snowflake VP of Professional Services.
“With the acquisition of SnowConvert, we can help more customers, partners and, more broadly, our Snowflake partner network move more data and applications to the data cloud, allowing customers to quickly realize their investment in Snowflake. can get value faster than that,” Bracken added.
While the closing of the deal is subject to required regulatory approvals and other closing conditions, it should be noted that this is not the first deal by Snowflake to strengthen its data cloud footprint.
Just a few weeks ago, Snowflake announced the acquisition of time series forecasting company Myst. Previously, it acquired document understanding platform Applica and open source app framework Streamlit. The company currently has more than 7,000 enterprise customers.
Separately, today Mobilize Net also posted a signed announcement of intent to acquire Growth Acceleration Partners’ application migration business unit, subject to similar terms and regulatory approvals.