Starburst Acquires Varada
June 23, 2022
Starburst has acquired Varada, a Tel Aviv–based data lake analytics accelerator, and will integrate Varada's patented indexing and caching technology into Starburst's Trino-based analytics platform. The combined solution aims to boost query performance (up to 7x) and reduce cloud compute costs (up to 40%) with phased rollouts to customers beginning within 30 days and general availability by fall 2022.
- Buyers
- Starburst
- Targets
- Varada
- Industry
- Data & Analytics
- Location
- Israel
- Transaction Type
- Buyout
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