Thoma Bravo-backed Starburst to acquire Varada.

Thoma Bravo-backed Starburst, a developer of an analytics platform, agreed to acquire Varada, a developer of a data warehousing platform. Financial terms were not disclosed. "This acquisition is about helping customers take their data lake analytics to the next level, helping them move faster with critical decision-making while reducing data management costs. With the addition of Varada's indexing technology, we can help data teams better serve the business, providing the right data right now. This powerful combination couldn't come at a better time when an uncertain economy is forcing companies to re-evaluate their budgets, as business demands only increase," Justin Borgman, Starburst Co-Founder and CEO.