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Snowflake and Databricks bank PostgreSQL acquisitions to bring transactions onto their platforms
In the past few weeks, both Snowflake and Databricks dipped into their respective acquisition funds and found the resources to buy specialist providers of PostgreSQL database systems.… In May, ...
Databricks Inc. is reportedly seeking to buy Neon Inc., a startup that sells a commercial version of the open-source PostgreSQL database. Tech publication Upstarts Media today cited sources as saying ...
Confirming recent reports, Databricks Inc. today announced that it’s acquiring Neon Inc. to enhance its cloud data platform, in a deal the Wall Street Journal reported is worth about $1 billion. San ...
The importance of databases to modern enterprise AI operations cannot be overstated. Data helps to train and ground AI, and multiple research reports show that without proper data, AI efforts tend to ...
Databricks has signalled its intent to acquire serverless Postgres startup Neon in a deal reported to be valued at approximately USD 1 billion. Neon is a startup that offers a modern, flexible type of ...
The open-source PostgreSQL (sometimes also referred to as Postgres) is apparently a very hot commodity for big enterprise data platform vendors. Unlike Neon, which was only a three-year-old company, ...
Analysts say that the chess match between Snowflake and Databricks isn’t about big data analytics anymore, but about becoming the 'AI-native data foundation unifying analytics, operational storage, ...
Informatica is also a launch partner for Databricks Lakebase, a new fully managed, Postgres-compatible database that supports high-volume transactions. Informatica enables seamless data loading and ...
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