M&A Deal Summary

Databricks Acquires Neon

On May 14, 2025, Databricks acquired software company Neon

Acquisition Highlights
  • This is Databricks’ 4th transaction in the Software sector.
  • This is Databricks’ 5th transaction in the United States.
  • This is Databricks’ 5th transaction in California.

M&A Deal Summary

Date 2025-05-14
Target Neon
Sector Software
Buyer(s) Databricks
Deal Type Add-on Acquisition

Target

Neon

San Francisco, California, United States
Neon is a database engineer and Postgres contributors with a singular goal: to build a serverless Postgres platform that helps developers build reliable and scalable applications faster, from personal projects to startups, all the way to enterprises. Neon was founded in 2021 and is based in San Francisco, California.

Search 208,006 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Get Full Access What is Mergr?

Buyer(S) 1

Buyer

Databricks

San Francisco, California, United States

Category Company
Founded 2013
Sector Software
DESCRIPTION

Databricks is an open-source community that helps organizations make all their data ready for analytics, empowers data science and data-driven decisions across the organization, and rapidly adopts machine learning to outpace the competition. By providing data teams with the ability to process massive amounts of data in the Cloud and power AI with that data, Databricks helps organizations innovate faster and tackle challenges like treating chronic disease through faster drug discovery, improving energy efficiency, and protecting financial markets. Databricks was founded in 2013 and is based in San Francisco, California.


DEAL STATS #
Overall 7 of 7
Sector: Software M&A 4 of 4
Type: Add-on Acquisition M&A Deals 7 of 7
State: California M&A 5 of 5
Country: United States M&A 5 of 5
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Tabular

San Jose, California, United States

Tabular is an independent data platform built by the original creators of Apache Iceberg. Tabular addresses the pain data engineers and data scientists endure fighting the shortcomings of their data infrastructure. Tabular was formed in 2021 and is headquartered in San Jose, California.

Buy $1.0B