Scoop: Databricks In Talks To Acquire Startup Neon For About $1 Billion
Databricks is busy buying up a bunch of startups to join its San Francisco office. CREDIT: Smith Collection/Gado/Getty ImagesData and AI unicorn Databricks is in talks to make a splash with another startup acquisition, Upstarts has learned.Databricks is in advanced talks to acquire startup Neon, a maker of an open-source database engine, four sources tell Upstarts exclusively. Databricks is expected to pay in the ballpark of $1 billion for Neon, two of the sources say.Get 10% off for 1 yearBut d...
Read more at upstartsmedia.com