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New Deal


Announced

Databricks to acquire 8080 Labs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

Pending

software

Majority

Acquisition

Germany

Single Bidder

Software

Friendly

Synopsis

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Databricks, an enterprise software company, agreed to acquire 8080 Labs, a software company. Financial terms were not disclosed. “With open-source roots and an incredible vision to reshape the data landscape with the lakehouse category, we see endless opportunities with Databricks and could not be more excited to join the team on this journey,” Tobias Krabel, 8080 Labs Co-Founder.

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