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 ...

Confirming recent rumors, Databricks Inc. today announced that it’s acquiring Neon Inc. to enhance its cloud data platform, in a deal the Wall Street Journal reported is worth about $1 billion.

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In 2023, the startup introduced the Neon Partner Program, followed soon after by a $46 million Series B funding round. Over time, Neon became one of the fastest-growing developer databases on the ...

Prime Minister Anthony Albanese and PNG counterpart James Marape announced the new franchise at a joint media conference in December with the Australian taxpayer tipping in a whopping $600m over a ...