senior vice president Archives

AppWizard

June 10, 2025

Microsoft enters handheld games PC fray with Asus partnership

Microsoft has partnered with Asus to launch its first portable Xbox consoles, the Xbox Ally and Xbox Ally X, which run on Windows 11. These devices aim to enhance gaming compatibility with various platforms and integrate Game Pass and Xbox Cloud Gaming. An optimized version of Windows 11 for gaming has been introduced, and the consoles feature user-friendly elements such as an immersive full-screen experience and an aggregated gaming library. The launch is anticipated towards the end of 2025, though pricing details are not yet available.

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 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 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 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.

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.

Tech Optimizer

June 3, 2025

Snowflake to Acquire Crunchy Data to Strengthen AI Agent Business

Snowflake intends to acquire Crunchy Data to enhance its capabilities in artificial intelligence applications by integrating Crunchy Data’s open-source PostgreSQL technology into its AI Data Cloud. The acquisition, announced on June 2, is subject to regulatory approvals and will introduce a new PostgreSQL database called Snowflake Postgres. PostgreSQL is widely used by approximately 49% of developers and is valuable for organizations developing AI agents. The integration aims to improve deployment and operations for PostgreSQL users. Snowflake's Senior Vice President of Engineering noted that this acquisition targets a market opportunity valued at [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 has announced its intention to acquire Crunchy Data, a move aimed at bolstering its capabilities in the realm of artificial intelligence (AI) applications and agents. This strategic acquisition is set to integrate Crunchy Data’s open-source PostgreSQL technology into Snowflake’s AI Data Cloud. The announcement, made in a press release on June 2, highlights that the acquisition's completion hinges on regulatory approvals and standard closing conditions. Once finalized, it will introduce a new PostgreSQL database, aptly named Snowflake Postgres, to the AI Data Cloud ecosystem. Enhancing AI Capabilities PostgreSQL, commonly referred to as Postgres, is a widely adopted open-source relational database, utilized by approximately 49% of developers. This technology is particularly valuable for organizations developing AI agents that rely on data stored within platforms like Snowflake. The integration of Snowflake Postgres is expected to facilitate quicker deployment and more efficient operations for users of PostgreSQL. According to Vivek Raghunathan, Snowflake’s Senior Vice President of Engineering, this acquisition addresses a significant market opportunity valued at 0 billion, responding to the pressing need for customers to incorporate Postgres into the Snowflake AI Data Cloud. Paul Laurence, Co-Founder of Crunchy Data, emphasized the importance of security and compliance in their offerings, which have established Crunchy Data as a trusted partner for organizations operating in regulated sectors. He expressed enthusiasm about collaborating with Snowflake, stating that this partnership will empower existing Postgres users to manage critical workloads with enhanced confidence and security on the Snowflake platform. This acquisition follows Snowflake's earlier announcement regarding the establishment of a new AI hub in Silicon Valley, designed to support developers, startups, and business leaders in their AI initiatives. Meanwhile, in a related development, Databricks recently revealed its acquisition of Neon, a database startup, further illustrating the competitive landscape in the AI and data sectors." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] billion. Crunchy Data's Co-Founder highlighted the importance of security and compliance in their offerings, which positions them as a trusted partner for regulated sectors. This acquisition follows Snowflake's announcement of a new AI hub in Silicon Valley.

AppWizard

June 2, 2025

The Sims co-creator Tim LeTourneau has passed away

Tim LeTourneau, a significant figure in the creation of The Sims, passed away, as announced by his wife, Donna. He began his career in the gaming industry in 1998 at Maxis, where he served as a senior producer for eight years and contributed to the success of The Sims franchise. In 2006, he moved to Electronic Arts, becoming an executive producer and later Vice President and General Manager of The Sims Studio in 2008. In March 2011, he joined Zynga as Vice President of studios and was promoted to Chief Creative Officer within two years. After a brief stint at Storm8 as Chief Creative Officer, he returned to Zynga as Senior Vice President of games. In March 2017, he became Director of Product Design at Warner Bros Interactive Entertainment until his departure in 2021. He then served as Senior Advisor at Fortis Games. Following his passing, a former Maxis team member shared a tribute on Reddit, highlighting the familial atmosphere LeTourneau created at the studio.

AppWizard

April 9, 2025

Testronic opens new Philippines testing facility

Testronic is opening a new facility in Manila, Philippines, to enhance its global presence, adding capacity for 360 additional professionals to its workforce of 2,000 employees worldwide. Ralph Quiambao, the APAC program director, will lead the office, which will operate with dedicated staff across day and night shifts. The expansion is part of Testronic's growth strategy, aimed at meeting the rising global demand for quality assurance services. Adam Keating, the Senior Vice President of Sales and Marketing, emphasized that the expansion focuses on investing in people and maintaining high-quality service standards.