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SRIDHAR RAMASWAMY, CEANA OF FIREE OF FOLLOW, I speak to the World Economy In Washington The 25th April 2025.
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Data Deaptic Dottic Snowflies He said Monday agreed to buy crunchy data, a startup that offers the basic database software. Snowfish has to pay approximately $ 250 million, according to a familiar person with the matter that was not authorized to speak publicly to agree.
Crunchy data is selling access to an alleged version of the page of the postgrresQL, which replaced MySQL as the base of the most popular Annual developer survey in the 2023. The Crunchy data service includes security and performance in comparison with the standard source code.
Basses of the snow side of snow announced its intention to acquire neon, that software is also based on postgrresql, for around $ 1 billion. I am Snowflake also seen neon acquisition last year, was away, according to another person who adds the $ 30 million annual revenue.
Neon did not respond immediately to a comment request.
The two data date and snowmarks don’t count on their respective to help benefit of corporate spending to bring artificial intelligence accomplishing.
With Crunchy Data, the snowflake will soon reach access first to a PostgreSQL database service, as a result statement. I am The plan is to simplify the data processing process on the new customers can easily be on a fairest supply of data, according to the Christian President
Snowflake’s shares of snow are up to 36% until this year. In May, Stifel analysis are tied the company to the Top-Tier Scottie scheffler, as a “consensus’s” squares of 25% Stifel Stock has a purchase rating on the stock of snow.
“We had our clients build a strong pity to the Agents Was Agents,” CEO SREDHAR Ramaswamy to analysis. “I’m continuing on this moment: I’ll see you too of us in just some times.”
Crunchini data has been founded in 2012 and is based in Charleston, Carolina of the south, with about 100 employees. Inventors include Alsop Louie Parteners, Ventures Geru, Denies, Hobert Cesulity Partners and heavy heavy. Customers include Kyndyl, tog, Ups and the US Department of Hallely’s security.
Wat: Snow snow fails spread more than 7% on the quarterly beat
