Published on: 2025-06-03 08:16:15
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More The open-source PostgreSQL (sometimes also referred to as Postgres) is apparently a very hot commodity for big enterprise data platform vendors. Snowflake is acquiring privately-held PostgreSQL provider Crunchy Data, in a deal that is reportedly valued at $250 million. The acquisition comes barely two weeks after Snowflake’s rival Databricks acquired serverless Postgre
Keywords: crunchy data enterprise postgresql snowflake
Find related items on AmazonPublished on: 2025-06-03 21:47:15
Sridhar Ramaswamy, CEO of Snowflake, speaks at the Semafor World Economy Summit in Washington on April 25, 2025. Data analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, according to a person familiar with the matter who was not authorized to speak publicly about the deal. Crunchy Data sells access to a cloud-hosted version of the PostgreSQL open-source database, which repl
Keywords: according crunchy data snowflake year
Find related items on AmazonPublished on: 2025-06-03 21:05:00
The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment on the deal’s valuation. It’s the latest in a string of tech giants buying data startups to bolster their underlying database o
Keywords: ai customers data database snowflake
Find related items on AmazonPublished on: 2025-06-20 05:12:59
Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025. Snowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results. Revenue in the fiscal first quarter of 2026 jumped 26% to $1.04 billion from $828.7 million a year earlier, and topped the $1.01 billion average LSEG estimate. It's the first time the company, which went public in 2020,
Keywords: billion company loss share snowflake
Find related items on AmazonPublished on: 2025-11-03 14:04:20
Snowflake plans to expand its startup accelerator with $200 million in additional commitments, the tech giant that specializes in cloud-based data storage said Thursday. The new injection of capital follows a string of activity by Snowflake over the past several months that illustrates that company’s growth ambitions. The Snowflake Startup Accelerator, formerly known as the Powered by Snowflake Funding Program, invests in a broad range of early-stage startups. Notably, the accelerator invests
Keywords: accelerator ai capital million snowflake
Find related items on AmazonPublished on: 2025-11-03 18:00:37
Snowflake shares rose 4.5% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by LSEG. That reflected 27% year-over-year revenue growth. CEO Sridhar Ramaswamy called Snowflake the "essential enterprise data and AI company on the planet right now" during an interview
Keywords: ai cents company data snowflake
Find related items on AmazonPublished on: 2025-11-04 00:25:24
Snowflake shares rose 4.5% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by LSEG. That reflected 27% year-over-year revenue growth. CEO Sridhar Ramaswamy called Snowflake the "essential enterprise data and AI company on the planet right now" during an interview
Keywords: ai cents company data snowflake
Find related items on AmazonPublished on: 2025-11-04 05:43:50
Snowflake shares popped more than 7% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by LSEG. That reflected 27% year-over-year revenue growth. CEO Sridhar Ramaswamy called Snowflake the "essential enterprise data and AI company on the planet right now" during an
Keywords: ai cents company data snowflake
Find related items on AmazonPublished on: 2025-11-05 00:52:27
Snowflake shares popped more than 8% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by LSEG. That reflected 27% year-over-year revenue growth. "We see tremendous opportunities ahead to support our customers throughout their end-to-end data lifecycle, and we are l
Keywords: company data million revenue snowflake
Find related items on AmazonPublished on: 2025-11-05 06:26:55
Snowflake shares popped more than 13% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by LSEG. That reflected 27% year-over-year revenue growth. "We see tremendous opportunities ahead to support our customers throughout their end-to-end data lifecycle, and we are
Keywords: company data million revenue snowflake
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