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New Deal


Announced

Completed

Snowflake completed the acquisition of Ponder.

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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United States

Private

Friendly

Completed

data

IT Services: Other

data science libraries

Acquisition

Domestic

Majority

Single Bidder

Synopsis

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Snowflake, a cloud data platform that provides a data warehouse-as-a-service designed for the cloud, completed the acquisition of Ponder, a provider of enterprise-ready tools for rapid, flexible experimentation with data at scale. Financial terms were not disclosed. We are looking forward to working with the incoming Ponder team and the Modin community to bring additional Python capabilities to the Snowflake Data Cloud.

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