Databricks Throws a Cool $1B at Neon Because Who Needs Savings When You Have Open Source Dreams?
In a move that has left everyone from Silicon Valley to their accountants scratching their heads, Databricks has decided to drop a casual $1 billion on Neon, the open source database startup that's been giving AWS Aurora Postgres the side-eye. Because nothing says "strategic acquisition" like spending the GDP of a small island nation on something that's freely available on GitHub.
"We're thrilled to welcome Neon to the Databricks family," said a spokesperson, while subtly wiping away a single tear with a hundred-dollar bill. "Their serverless relational database management system is just what we needed to, uh, synergize with our data intelligence services. Or something like that. Honestly, we just really liked their logo."
Industry analysts are calling this the "most expensive way to avoid vendor lock-in" in history, while Neon's entire staff of 12 are reportedly buying gold-plated standing desks as we speak. "It's not about the money," said one Neon developer, moments before jetting off to their new private island. "It's about building a better future for open source. Also, have you seen how much avocado toast costs in San Francisco?"
Meanwhile, AWS Aurora Postgres has taken to Twitter to express its feelings about the acquisition, posting a single crying emoji followed by "guess I'll just die then." In related news, Databricks has announced plans to rebrand as "MoneyBricks" in light of recent events.
As for what's next, insiders suggest that Databricks is already eyeing its next acquisition target: a startup that claims to have invented "the world's first cloud-based abacus." Because in the tech world, if you're not moving fast and breaking things (like your budget), you're clearly not trying hard enough.
Discussion
0 CommentsNo comments yet. Be the first to share.