SmartBear Accelerates Growth by Acquiring QMetry

SmartBear, a leader in software quality solutions, has acquired QMetry, an AI-enabled digital quality platform provider, to bolster its capabilities in serving DevOps teams globally. This strategic acquisition aims to enhance the agility of development teams by accelerating feature delivery, reducing time-to-market, and maintaining high standards of software quality. SmartBear's Chief Product Officer, Dan Faulkner, emphasized the alignment of QMetry's tools with their mission to transform software quality delivery. QMetry, trusted by Fortune 500 companies, introduces AI-driven solutions that streamline testing processes, facilitate compliance, and expand capabilities in regulated industries like healthcare and finance. The move strengthens existing partnerships with technology giants such as Microsoft and Atlassian. QMetry's CEO, Makarand Teje, expressed enthusiasm for the merger and the potential for enhanced innovation and value creation for development teams. SmartBear's Test Hub will integrate QMetry's offerings, empowering teams managing complex applications to simplify testing activities and reduce costs. The acquisition underscores SmartBear's commitment to simplifying the developer experience and expanding its technological prowess through intelligent solution hubs. QMetry was previously backed by Goldman Sachs Alternatives and Everstone Group.