Databricks to buy opensource database startup Neon for $1B | TechCrunch

Image for article Databricks to buy opensource database startup Neon for $1B | TechCrunch
News Source : TechCrunch

News Summary

  • Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres
  • Neon offers a managed cloud-based database platform that lets developers clone databases and preview changes before they go to production
  • The platform automatically scales processor, memory, and storage according to usage and supports branching
Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said [+2198 chars]

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