SmartBear Has Acquired Bitbar
Bitbar Profile
- Bitbar is an innovative vendor in the DevOps testing space, providing leading enterprises a cloud-based mobile app testing solution that development teams can use with any test framework to run manual or automated tests on thousands of real devices
- Bitbar’s solutions help companies of all sizes optimize CI/CD workflows, leverage AI to accelerate software development lifecycles and drive digital transformation
- Bitbar was founded in 2010 and is headquartered in Helsinki, Finland
SmartBear Profile
- Acquired by Francisco Partners in May 2017, SmartBear is behind the software that empowers developers, testers and operations engineers at over 20,000 of the world’s most innovative organizations, including Adobe, JetBlue, MasterCard and Microsoft
- The addition of Bitbar’s innovative technology to the SmartBear product portfolio extends the company’s ability to empower organizations to fully embrace automation in order to deliver higher quality software quicker
- More than 6 million people use SmartBear tools to build, test and monitor great software, faster
- SmartBear is headquartered in Somerville, MA
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The addition of Bitbar’s IP, technology – and the innovative individuals who built it – to the SmartBear family is a big win for our customers. With support for any test automation framework, unlimited device concurrency, and flexible deployment models, Bitbar enhances our customer’s ability to release better, higher-quality software, faster.
Christian Wright
Chief Product Officer & Executive GM, Smartbear
“
We built Bitbar to make developers’ lives easier, helping software organizations to be agile and flexible. Joining the SmartBear family means bringing the most flexible mobile app testing platform to more forward-thinking DevOps teams. Combining forces with an organization so committed to open source was just a natural next step. Our customers will continue to enjoy the platform they know and love; while now being able to leverage the broad range of SmartBear tools to make better software and deliver value faster.
Marko Kaasila
Co-Founder & CEO, Bitbar
Transaction Notes
- The acquisition of Bitbar by SmartBear was announced on August 29, 2019; financial terms were not disclosed
- Shea & Company served as the exclusive financial advisor to SmartBear