Starburst Acquires Varada To Deliver The New Standard Of Data Lake Analytics
Jun 23, 2022•about 3 years ago
Acquiring Company
Starburst
Acquired Company
Varada
Description
Starburst, the analytics anywhere company, today announced the acquisition of Varada, a data lake analytics accelerator. While Starburst's best-in-class query engine already leads the industry in both performance and cost-efficiency, combining Varada's proprietary and patented indexing technology sets a new benchmark in data lake analytics, empowering organizations to more quickly and efficiently derive greater insights from their data.
FundzWatch™ Score
70
High M&A Activity
M&A Insights
Based on deal dataIntegration 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