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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, ...
SiliconANGLE

Databricks reportedly could acquire serverless database startup Neon for $1B+

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 ...
InfoWorld

Snowflake acquires Crunchy Data for enterprise-grade PostgreSQL to counter Databricks’ Neon buy

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, ...
The Victoria Advocate

Databricks Agrees to Acquire Neon to Deliver Serverless Postgres for Developers + AI Agents

SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...
CNBC

Databricks is buying database startup Neon for about $1 billion

The 2026 CNBC Disruptor 50 list will be revealed Tuesday, May 19th Data analytics company Databricks is continuing its buying spree, acquiring Neon, which offers cloud-based database software. OpenAI ...
Seeking Alpha

Databricks launches new AI app and agent database to challenge cloud titans

Databricks launched Lakebase today, a new database designed for enterprises and developers to build data applications and artificial intelligence agents on a single multi-cloud platform. Lakebase is ...