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Flexera Completes Acquisition of Snow Software

The acquisition provides ITAM and FinOps teams with data and technology intelligence to manage and reduce spending and risk in hybrid IT environments.
E3 Magazine
May 3, 2024
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This text has been automatically translated from German to English.

Flexera has announced the completion of its acquisition of Snow Software. The acquisition enables customers to optimize the value of their technology investments through unprecedented IT visibility across their hybrid IT estate.

"Flexera and Snow share the same vision of maximizing the value of technology assets for their clients," said Jim Ryan, President and CEO of Flexera. "By joining forces, we combine unparalleled market expertise, comprehensive technology data and intelligence, and the ability to improve business outcomes for our combined customer base. Flexera's acquisition of Snow opens up new opportunities for hybrid ITAM and FinOps."

Flexera will continue to develop, enhance, maintain and support Flexera and Snow solutions. Partners will receive enhanced support as Flexera will work with both Flexera and Snow partners. This includes those who offer hosted options to their customers.

The acquisition expands Flexera's ability to provide consolidated views and actionable insights across the technology landscape to help organizations manage spend and risk. Flexera and Snow customers will benefit from expanded support for hybrid environments tailored to any size organization, from enterprise to SMB (small and medium-sized business). The merger provides both customers and partners with a rich ecosystem and community to help them manage the rising costs and unpredictable risks of technology, whether cloud, SaaS, containers, on-premises or AI.

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