Acquiring Company
Snowflake
Acquired Company
Observe
Menlo ParkSan MateoInformation TechnologySoftwareData And AnalyticsArtificial IntelligenceSales And MarketingMachine LearningInformation TechnologySoftwareData And AnalyticsDescription
Snowflake has successfully acquired Observe for approximately $600 million in cash and stock. This acquisition is expected to contribute to Snowflake's FY 2027 product revenue growth by one percentage point. The deal highlights Snowflake's commitment to expanding its capabilities in the observability sector. The integration is anticipated to enhance Snowflake's offerings significantly.
Quick answer
Snowflake is acquiring Observe for $600 million, announced February 26, 2026. Snowflake is based in Menlo Park, California, United States.
- How much did Snowflake pay for Observe?
- The reported deal value is $600 million.
- What does Snowflake do?
- Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud.
- Where are Snowflake and Observe based?
- Snowflake is based in Menlo Park, California, United States. Observe is based in San Mateo, California, United States.
- Who are the decision-makers at Snowflake?
- Fundz holds 4 contacts at Snowflake. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Anthropic acquires Vercept for AI advancements (February 26, 2026)
- Fractional AI acquires Fabius for AI automation (February 26, 2026)
Who to call at Snowflake, and when
When Snowflake changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Snowflake raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Snowflake, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Observe?
Observe was acquired by Snowflake, based in Menlo Park. The deal was reported on February 26, 2026. Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud. Customers use the Data Cloud to unite siloed data, discover and securely share data, and execute diverse analytic workloads. Snowflake is publicly traded (SNOW) and operates in Information Technology.
When did Snowflake acquire Observe?
Snowflake's acquisition of Observe was reported on February 26, 2026. Snowflake has successfully acquired Observe for approximately $600 million in cash and stock. This acquisition is expected to contribute to Snowflake's FY 2027 product revenue growth by one percentage point. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Observe do?
Observe is the SaaS observability company that has long believed that almost all businesses are data-rich and information poor. Observe's vision is to turn the world's business data into information. It is privately held, operating in Information Technology, and is based in San Mateo.
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