Notable examples include Siemens' August 2018 purchase of Mendix for $730 million, and more recently, Swiss banking software provider Temenos' move to buy Kony in a $559 million deal.
In the past couple of years, several prominent low-code/no-code vendors became acquisition targets. Rather, the AppSheet purchase reflects Google Cloud's perceived strength in application development, but with a gesture toward nontraditional coders.Īs for why Google chose AppSheet to boost its low-code/no-code strategy, one reason could be the dwindling number of options. So far, Kurian has not made moves to buy core enterprise applications such as ERP and CRM, two markets dominated by the likes of SAP, Oracle and Salesforce. Under the leadership of former longtime Oracle executive Thomas Kurian, Google Cloud was expected to make a series of deals to shore up its position in the cloud computing market, where it trails AWS and Microsoft by significant percentages.
Terms of the deal were not disclosed, but the price tag for the low-code app development startup is likely far less than Google's $2.6 billion acquisition of data visualization vendor Looker in June 2019. "We want to 'democratize' app development by enabling as many people as possible to build and distribute applications without writing a line of code." "Our core mission is unchanged," Seshadri said. The company will continue to support and improve those integrations following the Google acquisition, AppSheet CEO Praveen Seshadri said in a blog post. The apps run on Android, iOS and within browsers.ĪppSheet, based in Seattle, already integrated with G Suite and other Google cloud sources, as well as Office 365, Salesforce, Box and other services.
Users apply views to the data - such as charts, tables, maps, galleries and calendars - and then develop workflows with AppSheet's form-based interface. Like similar offerings, AppSheet ingests data from sources such as Excel spreadsheets, Smartsheet and Google Sheets.
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