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https://www.wsj.com/articles/snowflake-to-buy-crunchy-data-for-250-million-233543ab

Snowflake to Buy Crunchy Data for $250 Million

The cloud data company aims to attract customers who want to build their own artificial intelligence agents

By

Belle Lin

Snowflake booth at Hannover Messe 2025.
The Snowflake booth at the Hannover Messe trade fair in Hannover, Germany, in March. Photo: Krisztian Bocsi/Bloomberg News

Snowflake has agreed to acquire database startup Crunchy Data, aiming to win over customers seeking to build their own artificial intelligence agents. The deal is valued at roughly $250 million, according to a person familiar with the matter.

The deal comes less than a month after Snowflake rival Databricks said it was purchasing Neon, a similar database startup, in a deal valued at about $1 billion.

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