Databricks has agreed to acquire Tabular, the storage platform vendor led by the creators of Apache Iceberg, in order to promote data interoperability in lakehouses.

Databricks’ acquisition of Tabular puts new pressure on competitors such as Snowflake and Confluent as cloud data management rises in importance for AI initiatives.

:Databricks said on Tuesday it would buy data-management startup Tabular for more than $1 billion, as the privately held analytics platform looks to attract customers by helping them develop ...

Databricks is acquiring Tabular, a data-management startup that helps companies use a variety of open-source data formats, as the company looks to win artificial intelligence customers by making ...

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg.