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Synopsis
Databricks, a Data and AI company, completed the acquisition of Arcion, a Databricks Ventures portfolio company that helps enterprises quickly and reliably replicate data across on-prem, cloud databases and data platforms, for $100m. "To build analytical dashboards, data applications, and AI models, data needs to be replicated from the systems of record like CRM, ERP, and enterprise apps to the Lakehouse," Ali Ghodsi, Databricks Co-Founder and CEO.
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