Databricks to Buy Open-Source Database Startup Neon for $ 1B

Databricks to Buy Open-Source Database Startup Neon for $ 1B

Databricks Acquires Open-Source Database Startup Neon for $1 Billion to Bolster AI-Driven Data Management San Francisco, May 14, 2025 – Databricks, a leading data analytics and AI platform valued at $62 billion, announced on Wednesday its agreement to acquire Neon, a San Francisco-based startup specializing in a serverless, open-source PostgreSQL database, for approximately $1 billion. … Read more