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Snowflake to acquire Cruncy Data in roughly $250M deal, WSJ reports

Snowflake (SNOW) has agreed to buy database startup Crunchy Data in a deal valued at approximately $250M, the Wall Street Journal’s Belle Lin reports, citing a person familiar with the matter. The deal would come less than a month after Databricks announced it was buying Neon, a similar database startup, in a deal valued at roughly $1B, the author notes.

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