Amazon (AMZN) Stock: AWS Acquires DuckLabs to Boost Analytics Capabilities
TLDR
- Amazon has signed a definitive agreement to acquire DuckLabs, the Amsterdam-based company behind open-source analytical database DuckDB.
- The DuckDB open-source project, DuckLake, and Quack will remain free and open-source under the independent DuckDB Foundation.
- Co-founders Hannes Mühleisen and Mark Raasveldt will stay on to lead the team and the open-source project’s technical direction.
- AWS and DuckLabs have had a working relationship since 2024.
- Amazon says the move aims to make AWS analytics faster, simpler, and more cost-effective for customers.
Amazon announced it has signed a definitive agreement to acquire DuckLabs, the Amsterdam-based company behind the widely used open-source analytical database DuckDB. Financial terms were not disclosed.
Today, @ducklabs_com is joining @awscloud. The move is expected to be completed by early September.
Joining AWS gives DuckLabs the resources and reach to bring DuckDB, DuckLake, and the Quack protocol to many more developers and organizations – and to pursue ideas at a scale… pic.twitter.com/RtiNhsOSHq
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