IBM (NYSE:IBM) has acquired StepZen Inc, which developed a GraphQL server with a unique architecture that helps developers build GraphQL APIs quickly and with less code.
The terms of the acquisition were not disclosed. This marks IBM”™s first acquisition of 2023 and the 30th acquisition since Arvind Krishna became CEO of the Armonk-based company in April 2020.
Founded in 2020, StepZen is focused on creating an easier way for developers to build GraphQL APIs. In a press statement, IBM said the “rising adoption of hybrid cloud has resulted in data stored everywhere ”“ in different types of data stores likes data warehouses, lakes, and lakehouses as well as across different clouds and on-premises environments. APIs serve as the essential connector between different data sources and applications, which means that businesses are relying on and creating more APIs than ever before to get the data they need to power their applications and experiences.”
IBM also cited a Gartner study that predicted more than 50% of enterprises will use GraphQL in production by 2025, up from less than 10%.
“StepZen was developed by a team of industry veterans who have made key contributions to database technology including IBM Db2, PostgreSQL and Apache Derby, and have deep expertise in APIs and cloud-scale deployments,” IBM added.
