Snowflake Stock News

Snowflake plans to acquire Crunchy Data to enhance its ability to help enterprises build and deploy artificial intelligence (AI) agents and applications. The planned acquisition will add Crunchy Data's open-source Postgres technology and products to Snowflake's AI Data Cloud, the companies said in a Monday (June 2) press release.

Snowflake said it will acquire startup Crunchy Data as it battles Databricks in the enterprise market. Snowflake stock has gained 35% in 2025.

The surge in data company acquisitions continued Monday with Snowflake's purchase of Crunchy Data.

SAN FRANCISCO--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, its intent to acquire Crunchy Data, a leading provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade and developer-friendly PostgreSQL dat...

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 with the matter told CNBC.

The cloud data company aims to attract customers who want to build their own AI agents.

SAN FRANCISCO--(BUSINESS WIRE)--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, that Canva, the world's leading visual communication platform, is leveraging Snowflake to enhance both the user experience for its global community and drive significant growth in its B2B segment as it expands its relevance and impact across th...

SAN FRANCISCO--(BUSINESS WIRE)--Qlik's new Snowflake capabilities enable real-time data streaming, Iceberg optimization, and AI-ready architectures for faster insights.