Snowflake Acquires Crunchy Data for $250 Million
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The Wall Street Journal revealed on June 2, 2025, exclusively, that Snowflake Inc. (NYSE: SNOW) is strengthening itself through an acquisition. The goal is to attract customers for AI agent platform The cloud data company Snowflake is acquiring the database startup Crunchy Data for $250 million. With this acquisition, Snowflake aims to specifically target companies that want to develop their own AI agents. The deal was announced shortly after a similar acquisition by competitor Databricks, which purchased the startup Neon for about $1...
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