Snowflake to acquire Datavolo.

Snowflake, a data cloud company, agreed to acquire Datavolo, an open data integration platform. Financial terms were not disclosed. “Simplicity and time-to-value are core to Snowflake’s ethos. By bringing Datavolo into the Snowflake fold, we are expanding how much of the data lifecycle Snowflake captures - unlocking both simplicity and cost savings for our customers, without any sacrifice to data extensibility,” Sridhar Ramaswamy, Snowflake CEO.