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Snowflake to acquire data management company Datavolo
AI data cloud company Snowflake announced plans to acquire Datavolo, a company known for managing multimodal data pipelines for enterprise AI.
The acquisition seeks to improve Snowflake’s integration capabilities with enterprise systems.
Datavolo’s technology, leveraging Apache NiFi, will be the foundation of Snowflake’s connectivity platform.
The acquisition is pending standard regulatory approvals and conditions. Both companies suggest potential advantages like cost savings and improved data management.
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