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Databricks to buy open-source database startup Neon for $1B

Databricks to buy open-source database startup Neon for $1B

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said acquiring Neon’s tech would let it combine the startup’s serverless relational database management system with its own data intelligence services to let its customers [……

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