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Announced

4 Jan 2023

Snowflake to acquire Myst AI.

Synopsis

Snowflake, a cloud-based data warehouse, agreed to acquire Myst AI, an AI data analysis company. Financial terms were not disclosed.

Principals

target

Myst Ai

bidder

Snowflake

Show Details & Financials

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Market Context

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Seller Team (1)

pieter verhoeven

Co-Founder and CEO at MYST AI

Manager

target

Deal

n/a

Total Value

Bidder Team (11)

ben fenech

Associate at Covington & Burling

Lawyer

bidder

Deals

£ 24 M

Total Value

frank slootman

CEO at SNOWFLAKE INC

Manager

bidder

Deals

£ 692 M

Total Value

sam watters

Associate at Covington & Burling

Lawyer

bidder

Deals

n/a

Total Value

brandon palmen

Associate at Covington & Burling

Lawyer

bidder

Deals

£ 10.19 B

Total Value

denny kwon

Partner at Covington & Burling

Lawyer

bidder

Deals

£ 33.66 B

Total Value

nicholas shepherd

Associate at Covington & Burling

Lawyer

bidder

Deals

£ 11.05 B

Total Value

sumaya bouadi

Associate at Covington & Burling

Lawyer

bidder

Deals

£ 7.71 B

Total Value

ashleigh armstrong

Associate at Covington & Burling

Lawyer

bidder

Deal

n/a

Total Value

jenna wallace

Of Counsel at Covington & Burling

Lawyer

bidder

Deals

£ 16.47 B

Total Value

lindsey l. tonsager

Partner at Covington & Burling

Lawyer

bidder

Deals

£ 1.37 B

Total Value

ansgar simon

Partner at Covington & Burling

Lawyer

bidder

Deals

£ 38.12 B

Total Value

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