Snowflake plans to acquire Observe to deliver artificial intelligence-powered observability that is built on open standards and designed for the requirements of AI-driven enterprises. The companies signed a definitive agreement for the acquisition, though the closing of the transaction is subject to customary closing conditions, Snowflake said in a Thursday (Jan. 8) press release.
Snowflake plans to acquire Observe, an observability platform that has been built on Snowflake's databases from day one. (Observability platforms help companies monitor their software systems and data for performance issues and bugs.
No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheAIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it has signed a definitive agreement to acquire Observe, a leader in AI-powered observability. With this acquisition, Snowflake will deliver the next generation of AI-powered observability, built on open standards and designed for the scale, complexity, a...
SANTA CLARA, Calif.--(BUSINESS WIRE)--DoiT, a global leader in enterprise-grade FinOps and CloudOps solutions, today announced the acquisition of SELECT, a data optimization company purpose-built to help organizations gain visibility and control over data platform spend, starting with Snowflake. The acquisition represents a strategic milestone within DoiT's previously announced $250 million AI ...
No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #AIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced it has expanded its collaboration with Google Cloud, connecting the world's leading data and AI platform with Google's advanced AI technologies to help accelerate enterprise innovation. Snowflake and Google Cloud will deliver deeper product integration and g...
In 2025, Wall Street analysts showered many stocks in the technology and communication sectors—the two best-performing sectors of the year—with upgrades. Tech took the top spot, with the Technology Select Sector SPDR Fund NYSEARCA: XLK notching a return of 24.6%, with the Communication Services Select Sector SPDR Fund NYSEARCA: XLC a close second, providing a 23.1% return.
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