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Voltron Data Acquires Claypot AI As It Unlocks the Power of the Largest Datasets for AI

Jan 24, 2024•over 1 year ago

Acquiring Company

Voltron Data

Acquired Company

Claypot AI

Mountain ViewSan FranciscoSoftware DevelopmentSoftware Development

Description

Voltron Data, the company accelerating modular and composable data analytics systems, has announced its acquisition of Claypot AI, a real-time AI platform startup. This acquisition will enable Voltron Data to unlock the power of the largest datasets for AI by incorporating Claypot AI's real-time capabilities on GPU and expanding its real-time and MLOps product roadmap with state-of-the-art features.

Company Information

Company

Voltron Data

Location

Mountain View, California, United States

About

Voltron Data was born out of the friction between state-of-the-art SaaS and open source. We are a team of data system engineers, scientists, analysts, and open source maintainers who have been driving innovation in the data analytics ecosystem for the last 15 years. We offer a new way for enterprises to design and build composable data systems that unlock flexibility, productivity, and cost-optimizations. This is made possible using our modular components based on open source standards. Today, our team actively maintains and contributes to transformational open source projects like Apache Arrow, Ibis, Substrait, RAPIDS, Velox, Parquet, and more. To join our team, check out our careers page: www.voltrondata.com/careers. Please note that neither Voltron Data nor any of its recruiting or placement agencies will send unsolicited messages related to employment and/or contract positions via WhatsApp or any other social media channels.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed