News Score: Score the News, Sort the News, Rewrite the Headlines

Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company's Spark and AI Summit in San Francisco in April 2019.DatabricksData analytics software maker Databricks said in a statement on Tuesday that it's acquiring Tabular, a startup that helps optimize data stored in the cloud.The gesture could help Databricks more quickly bring out products as it faces competition from Snowflake and other entities.Databricks is paying over $1 billion to buy Tabular, Databricks CEO Ali Ghodsi said in an...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines