Snowflake to acquire Crunchy Data, terms not disclosed

Snowflake (SNOW) announced at its annual user conference, Snowflake Summit 2025, its intent to acquire Crunchy Data, a provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade and developer-friendly PostgreSQL database to the AI Data Cloud, enabling developers with the full power of Postgres while providing the uncompromising governance, security and operational standards essential for building and running mission-critical AI applications. With the closing of this acquisition, Snowflake will make a strong commitment to the Postgres community as well as support existing Crunchy Data customers, while integrating Crunchy Data’s capabilities into Snowflake Postgres.