dbt Labs, a company in analytics engineering, agreed to acquire Transform Data, a software development company. Financial terms were not disclosed. "Transform's founders are true innovators, having developed best-in-breed technology that will bring new capabilities to dbt's Semantic Layer that our user base is excited about. dbt has already created a standard for data transformation in the modern data stack, and with this transaction, we'll be ready to do the same for the semantic layer," Tristan Handy, dbt Labs Founder and CEO.