Snowflake declined to comment on the deal’s valuation. It’s the latest in a string of tech giants buying data startups to bolster their underlying database offerings that power AI agents.

Data analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, a person familiar ...

Snowflake rival Databricks on Wednesday acquired database startup Neon in a $1 billion deal as the software companies battle in the enterprise market.

What Happened: The deal will integrate Crunchy Data’s PostgreSQL technology into Snowflake Postgres, targeting the $350 billion database market opportunity. PostgreSQL remains the preferred ...