Databricks acquires Tabular for over $1bn to enhance AI offerings and data management.
Databricks, a private analytics platform, has acquired data-management startup Tabular for over $1 billion, aiming to improve its AI offerings and enhance data management capabilities. Tabular, founded by the creators of Apache Iceberg, offers an independent and universal storage platform. The acquisition follows Databricks' strategy of expanding its data intelligence platform and assisting enterprises in managing and utilizing their data with AI.
June 04, 2024
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