Announced

Completed

Redis completed the acquisition of Decodable.

Synopsis

Redis, a popular open-source, in-memory data structure store, is used as a database, cache, and message broker, completed the acquisition of Decodable, a fully managed cloud service. Financial terms were not disclosed. “As technology becomes ever more reliant on LLMs, the strategic investment we’re making in Decodable’s platform will make it easier for developers to build and expand data pipelines and convert that data into context within Redis, so it’s fast and always available in the right place at the right time,” Rowan Trollope, Redis CEO.

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