Snowflake has unveiled its intention to acquire Crunchy Data, a prominent provider of open-source Postgres solutions, a strategic move aimed at enhancing the development of secure agentic AI. This announcement was made during the Snowflake Summit held in San Francisco, where the integration of Snowflake Postgres into the company’s flagship AI Data Cloud service was highlighted.
According to a statement from Snowflake, this acquisition is set to merge the robust capabilities of Postgres with enhanced security and governance features. Vivek Raghunathan, Senior Vice President of Engineering at Snowflake, emphasized the company’s mission to create the most reliable and comprehensive data and AI platform for its clientele. He noted, “Today’s announcement of our proposed acquisition of Crunchy Data represents another reason why Snowflake is the ultimate destination for all enterprise data and AI needs.”
What the Crunchy Data deal means for Snowflake customers
Raghunathan elaborated on the rationale behind this acquisition, pointing to the increasing demand for enterprise-grade Postgres solutions and their compatibility with production applications. By incorporating Crunchy Data’s established expertise in FedRAMP compliant environments, Snowflake Postgres is poised to enhance developer productivity while addressing critical security and compliance requirements.
Paul Laurence, Co-Founder of Crunchy Data, expressed enthusiasm about the merger, stating, “We built Crunchy Data with the vision to become a Postgres solution of choice for leading enterprise organizations.” He further remarked on the company’s commitment to stringent security and compliance, which has positioned them as a trusted partner for various regulated industries, including federal agencies and Fortune 500 financial institutions. Laurence added, “We’re excited to join forces with Snowflake to provide their customers who already rely on Postgres the ability to run mission-critical regulated workloads with increased confidence and security on the Snowflake platform.”
PostgreSQL continues to be one of the most favored databases among developers, with nearly half (49%) of all developers reporting its use. Snowflake Postgres aims to streamline enterprise utilization of this database, particularly in supporting the development of AI agents and applications. The integration leverages Crunchy Data’s technology, designed not only for rapid experimentation but also for the complete lifecycle of building, deploying, and managing essential enterprise workloads.
With Snowflake Postgres, clients and partners, including Blue Yonder and LandingAI, who currently utilize PostgreSQL for their operational data, can expect to accelerate their shipping processes, enhance operational efficiency, and secure a competitive edge in the swiftly evolving landscape of AI agents.
