Databricks reportedly paid $2 billion in Tabular acquisition

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That’s a pretty outrageous exit multiple, and it was purportedly fueled by a battle between Databricks and Snowflake. Tabular had over $30 million in […]
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Source: TECCRUCH

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