Alibaba acquires data processing company Data Artisans for $ 103 million - Niroka Tech

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Wednesday, February 27, 2019

Alibaba acquires data processing company Data Artisans for $ 103 million



The Chinese company Alibaba has acquired the German company Data Artisans, a provider of data processing services based on the open source system, which was established by Apache Flink in 2014, and valued the deal at $ 103 million and both companies confirmed the news of the acquisition through their blog.

Alibaba has been working with Data Artisans in 2016. The latter has provided Alibaba with the necessary support and open source computer processing software to help the Chinese company perform better. Plans for future expansion and development.

The two parties have said that the relationship between them and the partnership is strong since the beginning of their cooperation and that this acquisition is a push forward and will not be limited to the continuation of the traditional work only; it will contribute to Apache Flink and open source data processing systems. Trust in the effectiveness of this step, which will enable the exchange of experiences between them, accelerating the process of developing data processing technologies and opening the door for the development community to develop and improve the processing systems.

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