Fivetran to merge with dbt Labs.

Fivetran, a leader in automated data movement, agreed to merge with dbt Labs, a pioneer of modern data transformation. Financial terms were not disclosed. “This is a refounding moment for Fivetran and the broader data ecosystem. As AI reshapes every industry, organizations need a foundation they can trust — one that is open, interoperable, and built to scale with their ambitions. Our admiration for dbt and its remarkable community runs deep — this is about bringing together the best of both worlds to accelerate innovation and create lasting impact across the data community," George Fraser, Fivetran CEO.