Snowflake to acquire database startup Crunchy Data

With Snowflake’s Kranki Data purchase on Monday the enthusiasm for the acquisition of the data company continued.

The Cloud Data Platform announced the intention of achieving snowflake Cranny dataA postgress database partner, this afternoon. A source familiar with the subject assumes that the contract is worth about $ 250 million.

The terms have not been published. Snowflake refused to comment on the assessment of the contract.

This is the latest of a string of giants to buy data startups to strengthen their underlying database offers, which gives the strength of AI agents. Last week, Salesforce has earned decades old Informatika To strengthen its data management tooling for AI agents. A few weeks ago, Alads Authorized Number Station Its customers are for access to AI agents that can run at the top of the structured data. And early this month, Serviceo earned data.world Keeping the AI ​​agents in mind.

Crunch data companies provide the equipment needed to create them with postgress, an open source and object-related database management system that is popular with developers and works well with the SQL database language. The 3-year-old company works with clients like US, SAS and Mankind, in addition to public sector agencies like the US Homeland Security Department.

The acquisition will give Snowflake the underlying technology needed to launch Snowflake postgress, including partners, including an enterprise-grade postgressQUL database and Blue Yonder and Landing. This agreement further strengthens the offers of Snowflake’s database in the AI ​​agents era.

This technology will soon be available in personal pregnancy.

“Our view is the world’s most trusted and broad data and AI platform to our customers,” said Vivek Raghunathan, SVP Engineering of Snowflake in a press release to TechCrunch. “Crunch Data Today’s announcement of today’s proposed acquisition presents all Enterprise Data and one more reason to be the final destination of AI needs.

In 2024, Snowflake has launched new connector Snowflake customers to make postgressQL and MySQL. Now it is increasing that offer. Snowflake Datavolo, the earned data management agency Last year.