Snowflake Announces Acquisition of Data Pipeline Company Datavolo

The deal aims to enhance Snowflake's AI Data Cloud with advanced data integration and automation capabilities for enterprise AI and analytics.

Snowflake has signed a definitive agreement to acquire Datavolo, a data pipeline management company founded in 2023, for an undisclosed amount.
Datavolo specializes in automating data flows using Apache NiFi, enabling seamless integration of structured and unstructured data for enterprise AI and analytics.
The acquisition will expand Snowflake's capabilities in the 'bronze layer' of the data lifecycle, simplifying data engineering and reducing costs for customers.
Snowflake plans to integrate Datavolo's platform into its AI Data Cloud, providing reusable, scalable pipelines for moving data from various sources to its platform.
The acquisition aligns with Snowflake's commitment to open-source support, as the company will continue to maintain and develop the Apache NiFi project post-acquisition.