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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.
Analysts provide insight on what the latest acquisition of a PostgreSQL database vendor means for enterprise data and AI.
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 ...
is an open-source relational database system designed for flexibility and adherence to SQL standards. Through this acquisition, Databricks will incorporate Neon’s serverless technology into its ...
2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database market braces for ...
Its serverless architecture has been steadily gaining favor among developers. Databricks pointed to recent internal data saying that “over 80 percent of the databases provisioned on Neon were ...
Databricks said acquiring Neon's tech would let it combine the startup's serverless relational database management system with its own data intelligence services to let its customers deploy AI ...
Databricks said acquiring Neon's tech would let it combine the startup's serverless relational database management system with its own data intelligence services to let its customers deploy AI ...