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Scoop: Databricks In Talks To Acquire Startup Neon For About $1
Billion
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Scoop: Databricks In Talks To Acquire Startup Neon For About $1
Billion

An Upstarts paid subscriber special edition: acquisition-hungry data
and AI unicorn Databricks is in advanced talks to buy the startup
behind a popular open-source version of Postgres, sources say.

 
Alex Konrad's avatar
Alex Konrad
May 05, 2025
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Scoop: Databricks In Talks To Acquire Startup Neon For About $1
Billion
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Databricks is busy buying up a bunch of startups to join its San
Francisco office. CREDIT: Smith Collection/Gado/Getty Images

Data and AI unicorn Databricks is in talks to make a splash with
another startup acquisition, Upstarts has learned.

Databricks is in advanced talks to acquire startup Neon, a maker of
an open-source database engine, four sources tell Upstarts
exclusively. Databricks is expected to pay in the ballpark of $1
billion for Neon, two of the sources say.

Get 10% off for 1 year

But despite some industry insiders describing the deal as if it's
done, the talks remain ongoing and could still fall through, several
sources add. The total amount could also still exceed $1 billion when
employee retention packages are factored in.

Neon and CEO Nikita Shamgunov did not respond to a comment request.
Databricks declined to comment through a spokesperson.

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