Databricks Acquires Responsive to Build Lakebase Postgres

Tech8 days ago

The data company Databricks bought Responsive to speed up the creation of its Neon and Lakebase projects. The Responsive team will join Databricks to integrate their technology into the current development pipeline and expand the capabilities of the new software ecosystem.

The merger specifically targets the advancement of Lakebase Postgres to improve the efficiency and scale of the database. Apurva, a leader at Responsive, stated that the acquisition provides a natural home for the team to execute on a shared technical vision.

Mapped to your portfolio

Possible scenarios

42%Lakebase Gains Traction0.0%
25%Postgres Rivalry Intensifies+0.0%
20%Integration Problems Slow Progress0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Databricks Acquires Responsive to Build Lakebase Postgres

In this story

Databricks Responsive

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

42%Lakebase Gains Traction0.0%
25%Postgres Rivalry Intensifies+0.0%
20%Integration Problems Slow Progress0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.