US-based data analytics platform Databricks has struck a deal to acquire Neon, a serverless Postgres database company. While the company did not disclose the deal value, a report by Reuters said the ...

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion.

Databricks' $1 billion acquisition of Neon highlights how serverless PostgreSQL has become essential for agentic AI development.

Available starting today, Neo4j Aura Graph Analytics is said to work with any kind of data source, including Oracle, Microsoft SQL, Databricks, Google BigQuery, Snowflake and Microsoft OneLake.

Databricks has signalled its intent to acquire serverless Postgres startup Neon in a deal reported to be valued at approximately USD 1 billion. Neon is a startup that offers a modern, flexible type of ...

Databricks has agreed to acquire database startup Neon in a deal valued at about $1 billion, a move the company hopes will make it more attractive to businesses that want to create their own ...

Data analytics startup Databricks said Wednesday that it is buying Neon, a cloud-based database software vendor, for about $1 billion. It is the latest big deal for Databricks, which bought ...

Neon's platform helps AI agents with real-time data management Databricks aims to disrupt database market with AI Databricks' third billion-dollar acquisition in two years May 14 (Reuters ...

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion.