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Tech Optimizer

June 4, 2025

Snowflake’s Latest Acquisition Targets $350B Market with Enterprise-Grade Postgres for AI Development

Snowflake intends to acquire Crunchy Data, a provider of open-source Postgres technology, to integrate its enterprise-grade PostgreSQL database into the Snowflake ecosystem. This acquisition, announced at the Snowflake Summit 2025, aims to enhance secure and compliant AI applications for enterprises. Snowflake Postgres will utilize Crunchy Data's technology to provide full Postgres compatibility and support for production applications, particularly in FedRAMP-compliant environments. The integration is expected to simplify the development and scaling of AI applications and is set to enter private preview soon. The acquisition is subject to regulatory approvals and customary closing conditions.

Tech Optimizer

June 4, 2025

Snowflake to acquire database startup Crunchy Data

Snowflake announced its acquisition of Crunchy Data, valued at approximately [openai_gpt model="gpt-4o-mini" prompt="Summarize the content and extract only the fact described in the text bellow. The summary shall NOT include a title, introduction and conclusion. Text: The recent trend of data company acquisitions shows no signs of slowing down, as evidenced by Snowflake's announcement regarding its acquisition of Crunchy Data. This strategic move, revealed late Monday afternoon, is estimated to be valued at approximately 0 million, although specific terms remain undisclosed as Snowflake has opted not to comment on the deal's valuation. Strengthening Database Offerings This acquisition is part of a broader pattern among major tech companies seeking to enhance their database capabilities, particularly in support of AI applications. Just last week, Salesforce completed its acquisition of Informatica, a company with decades of experience, to strengthen its data management tools for AI. Similarly, Alation acquired Numbers Station to provide its customers with AI agents capable of operating on structured data. Earlier this month, ServiceNow also made headlines with its acquisition of Data.World, further emphasizing the focus on AI-driven solutions. Crunchy Data specializes in providing tools for developers working with Postgres, an open-source object-relational database management system that is well-regarded for its compatibility with SQL. Over its 13-year history, Crunchy Data has collaborated with notable clients such as UPS, SAS, and Moneytree, as well as various public sector organizations, including the U.S. Department of Homeland Security. The integration of Crunchy Data's technology into Snowflake's offerings will pave the way for the introduction of Snowflake Postgres, an enterprise-grade PostgreSQL database tailored for its customers and partners, such as Blue Yonder and LandingAI. This acquisition not only enhances Snowflake's database portfolio but also aligns with the growing demand for AI-driven solutions in the current technological landscape. Snowflake plans to make this new technology available in private preview shortly. Vivek Raghunathan, SVP of engineering at Snowflake, articulated the company's vision, stating, “Our vision is to deliver the world’s most trusted and comprehensive data and AI platform to our customers. 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. We’re tackling a massive 0 billion market opportunity and a real need for our customers to bring Postgres to the Snowflake AI Data Cloud.” This acquisition follows Snowflake's launch of new connectors for PostgreSQL and MySQL in 2024, further expanding its capabilities. Additionally, Snowflake's acquisition of data management company Datavolo last year underscores its commitment to enhancing its data management offerings." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] million, although specific terms are undisclosed. This acquisition aims to enhance Snowflake's database capabilities, particularly for AI applications, and will lead to the introduction of Snowflake Postgres, an enterprise-grade PostgreSQL database. Crunchy Data specializes in tools for developers working with Postgres and has collaborated with clients such as UPS, SAS, and the U.S. Department of Homeland Security. Snowflake plans to make the new technology available in private preview soon. This acquisition follows Snowflake's recent launch of new connectors for PostgreSQL and MySQL and its acquisition of Datavolo last year.

Tech Optimizer

June 4, 2025

Snowflake Acquisition Expands Postgres Capabilities Of Its AI Data Cloud

Snowflake is acquiring Crunchy Data, a provider of open-source PostgreSQL technology, to enhance its PostgreSQL database services and bolster its AI Data Cloud platform with the introduction of Snowflake Postgres. This acquisition will provide developers with full PostgreSQL capabilities integrated with governance, security, and operational standards for AI applications. Crunchy Data, founded in 2012, offers products like Crunchy Bridge and has a focus on security and compliance, making it a trusted choice for enterprises. Snowflake plans to integrate Crunchy Data's technology into its offerings, streamlining the lifecycle of enterprise PostgreSQL workloads. The acquisition is estimated to be around 0 million and is pending regulatory approvals. Snowflake aims to support Crunchy Data's existing customers and strengthen ties with the Postgres community.

Tech Optimizer

June 4, 2025

Snowflake Acquires Crunchy Data to Launch Enterprise Postgres Cloud

Snowflake plans to acquire Crunchy Data, a leader in open-source PostgreSQL technology, to enhance its AI Data Cloud by integrating a fully enterprise-ready Postgres experience. This acquisition addresses the growing demand for production-grade PostgreSQL environments that combine open-source strengths with security, compliance, and scalability, particularly for AI applications. Crunchy Data is known for providing enterprise-class enhancements for Postgres, especially in regulated sectors. The integration aims to help enterprises build AI-native applications while maintaining security and operational control. Snowflake sees a [openai_gpt model="gpt-4o-mini" prompt="Summarize the content and extract only the fact described in the text bellow. The summary shall NOT include a title, introduction and conclusion. Text: Snowflake, a prominent player in the AI Data Cloud sector, has unveiled its plans to acquire Crunchy Data, a recognized leader in trusted open-source PostgreSQL technology. This announcement, made during the Snowflake Summit 2025, signifies a strategic initiative to incorporate a fully enterprise-ready and developer-friendly Postgres experience into the Snowflake AI Data Cloud. The acquisition is timely, responding to the increasing demand from enterprises for production-grade PostgreSQL environments that combine the strengths of open-source Postgres with essential features such as security, compliance, and scalability—elements that are particularly vital for AI-driven applications. The forthcoming Snowflake Postgres, leveraging Crunchy Data’s technology, aims to fulfill this need. Postgres for AI-Era Workloads PostgreSQL has emerged as the database of choice for nearly half of developers, who utilize it across a variety of workloads. However, deploying Postgres at an enterprise scale, especially for AI-powered applications, has traditionally involved navigating trade-offs between flexibility, governance, and performance. Crunchy Data has established a reputation for overcoming these challenges by providing enterprise-class enhancements for Postgres, particularly in highly regulated sectors such as federal agencies and Fortune 500 financial institutions. By integrating this expertise into the Snowflake platform, Snowflake Postgres will enable teams to develop AI agents, transactional applications, and analytics solutions within a cohesive and governed data ecosystem. “With this acquisition, Snowflake is doubling down on its commitment to help enterprises build AI-native applications without compromising on security or operational control,” remarked Vivek Raghunathan, SVP of Engineering at Snowflake. “Our customers want the best of both worlds: Postgres flexibility combined with enterprise trust—and we’re delivering exactly that.” A Strategic Fit This acquisition extends beyond merely enhancing technical capabilities; it also opens new market opportunities. Snowflake identifies a 0 billion addressable market at the intersection of transactional data and AI. By merging Crunchy Data’s established stack with Snowflake’s scalable infrastructure and AI ecosystem, the company aspires to transform how developers deploy and scale modern applications. Paul Laurence, Co-Founder of Crunchy Data, expressed enthusiasm about the partnership: “We founded Crunchy Data to bring secure, enterprise-grade Postgres to mission-critical environments. Partnering with Snowflake allows us to scale that mission globally, instilling confidence in customers to run sensitive workloads on a modern AI data platform.” Organizations like Blue Yonder and LandingAI, which currently leverage PostgreSQL for their operational applications, are poised to reap immediate benefits. With Snowflake Postgres, they can expedite deployment cycles, streamline AI integration, and maintain compliance—all without the need to overhaul their core data infrastructure. Future Outlook Snowflake has committed to providing ongoing support for existing Crunchy Data customers and has reiterated its long-term dedication to the open-source Postgres community. The newly introduced Snowflake Postgres is set to enter private preview soon, with plans for deeper integration into Snowflake's Unistore offering, which seamlessly combines transactional and analytical workloads. This acquisition represents a significant milestone in Snowflake’s mission to deliver a unified, AI-first data platform, one that empowers enterprises to innovate without sacrificing trust." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] billion addressable market at the intersection of transactional data and AI, and the acquisition will allow it to transform how developers deploy and scale applications. Existing Crunchy Data customers will continue to receive support, and Snowflake Postgres will soon enter private preview, with plans for integration into Snowflake's Unistore offering.

Tech Optimizer

June 4, 2025

Snowflake to acquire Crunchy Data to enhance Postgres for AI

Snowflake plans to acquire Crunchy Data, a provider of open-source Postgres technology, to enhance its AI Data Cloud with a new database platform called Snowflake Postgres. This platform will offer PostgreSQL compatibility while ensuring governance, security, and operational standards for enterprise-grade AI applications. The demand for secure, enterprise-ready PostgreSQL solutions has increased, and the integration of Crunchy Data is expected to meet these needs, particularly in regulated environments like FedRAMP. PostgreSQL is widely adopted, with 49% of developers using it, and Snowflake's Postgres offering aims to streamline the development and scaling of AI applications. Crunchy Data will bring features such as access to performance metrics, scalable architecture, and a user-friendly interface. Organizations using PostgreSQL, including Snowflake partners like Blue Yonder and LandingAI, are expected to benefit from improved development and operational efficiency. Snowflake will support Crunchy Data's existing customers post-acquisition and engage with the PostgreSQL community. Snowflake Postgres will be available in private preview, pending regulatory approvals.

Tech Optimizer

June 4, 2025

Snowflake digs out $250M to buy Crunchy to plug Postgres gap

Snowflake has acquired Crunchy Data to enhance its Postgres strategy, addressing a gap in its offerings as Postgres remains popular among developers. The acquisition is valued at 0 million and will result in Crunchy Data's technology being rebranded as Snowflake Postgres, aimed at supporting AI and transactional systems at an enterprise scale. The new product will maintain the flexibility of open source Postgres while providing enhanced governance and security. Organizations can migrate existing Postgres applications to Snowflake without code rewrites. This move is expected to promote Postgres adoption and complement Snowflake's Unistore solution, which integrates transactional and analytical data.

Tech Optimizer

June 4, 2025

Snowflake Buying Crunchy Data To Help Enterprises Deploy Compliant AI Agents

Snowflake plans to acquire Crunchy Data, a provider of open-source Postgres technology, to integrate Snowflake Postgres into its AI Data Cloud. This acquisition aims to offer an enterprise-grade, AI-ready PostgreSQL database with strong governance and security for mission-critical AI applications. Snowflake Postgres will be fully compatible with production applications, enhancing capabilities within the AI Data Cloud by leveraging Crunchy Data’s reputation for enterprise readiness in FedRAMP-compliant environments. PostgreSQL is favored by 49% of developers, and Snowflake Postgres will simplify building, deploying, and scaling production-ready AI applications. Customers like Blue Yonder and LandingAI will benefit from accelerated operations and enhanced efficiency through this integration. Snowflake aims to support the Postgres community and existing Crunchy Data customers, unifying transactional and analytical data within a single database. Key stakeholders from both companies express confidence in the acquisition's potential to enhance security and operational capabilities for enterprise organizations.

AppWizard

June 3, 2025

The Edge of Fate will be the biggest change to Destiny 2 since it launched—an injection of fresh ideas, but also of ARPG grind

Bungie's upcoming expansion for Destiny 2, The Edge of Fate, introduces a tiered loot system categorizing new gear from one to five, with higher tiers offering enhanced perks and stat increases. The expansion features new weapon archetypes, including rocket sidearms and healing auto rifles, and introduces a Portal feature for selecting activities and customizing difficulty. Daily rotating guaranteed rewards for specific playlists aim to streamline the acquisition of tier 5 weapons and introduce set bonuses for armor. The expansion is set to launch on July 15.

Tech Optimizer

June 3, 2025

Snowflake to buy Crunchy Data to enhance its AI Data Cloud

Snowflake intends to acquire Crunchy Data, a developer of cloud-based database software, with the deal potentially valued at around [openai_gpt model="gpt-4o-mini" prompt="Summarize the content and extract only the fact described in the text bellow. The summary shall NOT include a title, introduction and conclusion. Text: AI Data Cloud company Snowflake has announced its intention to acquire Crunchy Data, a notable developer of cloud-based database software. While specific financial details remain undisclosed, sources cited by CNBC suggest that the deal could be valued at around 0 million. Enhancing AI Capabilities with Snowflake Postgres The acquisition is set to bring Snowflake Postgres into the fold, an AI-ready, enterprise-grade PostgreSQL database designed with developers in mind. This new offering aims to ensure full compatibility with Postgres while adhering to the governance, security, and operational standards essential for mission-critical AI applications. By integrating Crunchy Data’s technology, which is recognized for its enterprise readiness in FedRAMP-compliant environments, Snowflake Postgres will simplify the processes of developing, deploying, and scaling production-ready AI agents and applications. This enhancement is expected to significantly benefit customers and partners, including Blue Yonder and LandingAI, who rely on PostgreSQL for their operational data needs. Paul Laurence, co-founder of Crunchy Data, emphasized the company's commitment to stringent security and comprehensive compliance, stating, “Our deep-rooted commitment to stringent security and comprehensive compliance has made us the trusted Postgres partner for organisations across regulated industries, including federal agencies, Fortune 500 financial institutions, and high-scale SaaS companies.” Upon the acquisition's completion, Snowflake plans to continue supporting the Postgres community and existing Crunchy Data customers, while seamlessly integrating the latter’s capabilities into Snowflake Postgres. Vivek Raghunathan, senior vice president of Snowflake Engineering, articulated the company’s vision: “Our vision is to deliver the world’s most trusted and comprehensive data and AI platform to our customers. 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.” The completion of this acquisition is contingent upon regulatory approvals and customary closing conditions. Earlier this year, in February 2025, Snowflake unveiled the Silicon Valley AI Hub at its Menlo Park campus, which boasts nearly 30,000 square feet dedicated to fostering the AI community." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] million. The acquisition will integrate Crunchy Data’s technology into Snowflake Postgres, an AI-ready PostgreSQL database, enhancing its compatibility and compliance for mission-critical AI applications. Snowflake aims to support the Postgres community and existing Crunchy Data customers post-acquisition. The deal is subject to regulatory approvals and customary closing conditions.

Tech Optimizer

June 3, 2025

Snowflake targets PostgreSQL gains with Crunchy Data acquisition – here’s what it means for customers

Snowflake intends to acquire Crunchy Data, a provider of open-source Postgres solutions, to enhance the development of secure agentic AI. This announcement was made at the Snowflake Summit in San Francisco, where the integration of Snowflake Postgres into the AI Data Cloud service was discussed. The acquisition aims to merge Postgres capabilities with improved security and governance features, addressing the demand for enterprise-grade Postgres solutions. Crunchy Data's expertise in FedRAMP compliant environments is expected to enhance developer productivity and meet security and compliance needs. PostgreSQL is widely used among developers, and the integration aims to streamline its enterprise utilization, particularly for AI applications. Clients using PostgreSQL can expect improved operational efficiency and a competitive edge in AI development.