Snowflake to acquire database startup Crunchy Data | TechCrunch

Image for article Snowflake to acquire database startup Crunchy Data | TechCrunch
News Source : TechCrunch

News Summary

  • Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner
  • A source familiar with the matter estimated the deal to be worth around $250 million
  • It’s the latest in a string of tech giants buying data startups to bolster their underlying database offerings that power AI agents
The surge in data company acquisitions continued Monday with Snowflakes purchase of Crunchy Data.Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database par [+2115 chars]

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